Fiscal Note - State of Utah - 2014 General Session
HB0142 - Securities Act Amendments
State Government (UCA 36-12-13(2)(b)):
Costs to the Department of Commerce for increased workload resulting from the provisions of the bill could be $224,400 annually. There is also a $7,500 potential loss in license revenue. Spending from the Commerce Service Fund affects annual transfers to the General Fund.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| General Fund | $0 | ($231,900) | ($231,900) |
| Commerce Service Fund | $0 | $224,400 | $224,400 |
| Total Revenue | $0 | ($7,500) | ($7,500) |
| Expenditure: | |||
| Commerce Service Fund | $0 | $224,400 | $224,400 |
| Total Expenditure | $0 | $224,400 | $224,400 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($231,900) | ($231,900) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($231,900) | ($231,900) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for local governments.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/20/2014, 1:59:52 PM, Lead Analyst: Wilko, A./Attny: PO | Office of the Legislative Fiscal Analyst |