Fiscal Note - State of Utah - 2014 General Session
HB0148 - Off-highway Vehicle Amendments
State Government (UCA 36-12-13(2)(b)):
To the extent that there are more motor vehicle registrations as a result of this bill, each additional registration will generate revenue of about:
(1) $62.50 to the Transportation Fund,
(2) $2.25 in dedicated credits (Tax Commission),
(3) $1 in to the General Fund Restricted - Uninsured Motorist Identification Account, and
(4) $0.50 to the General Fund Restricted - Aero Bureau Account.
The total amount of revenue collected (if any) is indeterminable.
State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
Revenue | $0 | $0 | $0 |
Expenditure | $0 | $0 | $0 |
Net Impact, All Funds (Rev.-Exp.) | $0 | $0 | $0 |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Local governments could collect an estimated $63 on average for each additional vehicle that is registered as a result of this bill.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
To the extent that there are more vehicles registrations as a result of this bill, respective owners will pay about $129.25 on average in additional motor vehicle registration fees. Also, to the extent that there are more vehicle safety inspections as a result of this bill, businesses will collect up to $7 per inspection from individuals.
Performance Note Required? (Joint Rule 4-2-404): No
2/22/2014, 8:34:03 AM, Lead Analyst: Syphus, G./Attny: SCH | Office of the Legislative Fiscal Analyst |