Fiscal Note - State of Utah - 2014 General Session
HB0388 - Amendments to Transportation Funding
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost the Utah Tax Commission $29,700 one-time from the Tax Commission Administration Account to pay for tax rate change bulletins and mailing costs.
State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
Revenue | $0 | $0 | $0 |
Expenditure: | |||
Restricted Funds | $0 | $29,700 | $0 |
Total Expenditure | $0 | $29,700 | $0 |
Net Impact, All Funds (Rev.-Exp.) | $0 | ($29,700) | $0 |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could increase local revenues by up to $91,500,000 in FY 2016 if adopted by all eligible localities.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Individuals and businesses could pay an additional .25 percent sales tax on purchases.
Performance Note Required? (Joint Rule 4-2-404): No
2/25/2014, 6:10:05 PM, Lead Analyst: Wilko, A./Attny: RLR | Office of the Legislative Fiscal Analyst |