Fiscal Note - State of Utah - 2014 General Session

HB0388S01 - 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 TableFY 2014FY 2015FY 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

3/7/2014, 10:48:39 AM, Lead Analyst: Wilko, A./Attny: RLROffice of the Legislative Fiscal Analyst