Fiscal Note - State of Utah - 2014 General Session
HB0434 - Local Sales and Use Tax Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost the Tax Commission $307,200 from the General Fund to implement programming changes.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| General Fund, One-Time | $0 | $307,200 | $307,200 |
| General Fund, One-Time | $0 | ($307,200) | $0 |
| Total Expenditure | $0 | $0 | $307,200 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $0 | ($307,200) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | ($307,200) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could shift sales tax allocations between local entities due to the changes in the allocation formula.
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
| 3/5/2014, 7:58:31 AM, Lead Analyst: Wilko, A./Attny: RLR | Office of the Legislative Fiscal Analyst |