Fiscal Note - State of Utah - 2014 General Session

SB0105 - Financial Disclosure Reporting Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will decrease the costs of sending financial disclosure reminders to reporting entities by $3,000 each odd year and by $1,600 each even year ongoing. Average annual cost savings are $2,300 per year.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue$0$0$0
    
Expenditure:   
General Fund$0($2,300)($2,300)
General Fund, One-Time($750)$0$0
   Total Expenditure($750)($2,300)($2,300)
    
Net Impact, All Funds (Rev.-Exp.)$750$2,300$2,300
   Net Impact, General/Education Funds (Rev.-Exp.)$750$2,300$2,300

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

1/9/2014, 3:48:33 PM, Lead Analyst: King, Z./Attny: TRVOffice of the Legislative Fiscal Analyst