Fiscal Note - State of Utah - 2014 General Session

HB0214 - Special Group License Plate Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost the Tax Commission $8,600 one-time from dedicated credits, Department of Human Services $12,500 from restricted funds, and Department of Administrative Services $500 ongoing and $1,000 one-time from the General Fund for FY 2015 to create a new special group license plate and establish a General Fund Restricted Account. Enactment of this bill could generate $8,600 in dedicated credit revenue and $12,500 in Restricted Fund revenue.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue:   
Dedicated Credits$0$8,600$0
Restricted Funds$0$12,500$12,500
   Total Revenue$0$21,100$12,500
    
Expenditure:   
General Fund$0$500$500
General Fund, One-Time$0$1,000$0
Dedicated Credits$0$8,600$0
Restricted Funds$0$12,500$12,500
   Total Expenditure$0$22,600$13,000
    
Net Impact, All Funds (Rev.-Exp.)$0($1,500)($500)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($1,500)($500)

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

2/7/2014, 3:09:21 PM, Lead Analyst: Jardine, S./Attny: SCHOffice of the Legislative Fiscal Analyst