Fiscal Note - State of Utah - 2014 General Session
HB0324S01 - Ortho-bionomy Exemption Amendments
State Government (UCA 36-12-13(2)(b)):
Decreased license and citation revenue could reduce revenue to the Commerce Service Fund by $4,500 annually. Additionally, a potential reduction in dedicated credits from background checks of $1,400 could occur. There will be a corresponding reduction in associated costs for these background checks. Increased costs to review and certify license exemptions can be offset against a decreased cost from citation reviews resulting in a net cost to the Department of Commerce of $7,600 annually. 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 | ($12,100) | ($12,100) |
Dedicated Credits | $0 | ($1,400) | ($1,400) |
Commerce Service Fund | $0 | $7,600 | $7,600 |
Total Revenue | $0 | ($5,900) | ($5,900) |
Expenditure: | |||
Dedicated Credits | $0 | ($1,400) | ($1,400) |
Commerce Service Fund | $0 | $7,600 | $7,600 |
Total Expenditure | $0 | $6,200 | $6,200 |
Net Impact, All Funds (Rev.-Exp.) | $0 | ($12,100) | ($12,100) |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($12,100) | ($12,100) |
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)):
An estimated 34 applicants could become exempt saving each $100.
Performance Note Required? (Joint Rule 4-2-404): No
2/26/2014, 2:34:45 PM, Lead Analyst: Wilko, A./Attny: PLA | Office of the Legislative Fiscal Analyst |