Fiscal Note - State of Utah - 2014 General Session

SB0139 - Transportation Funding Revisions

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill increases revenue to the Transportation Fund by $1,721,100 in FY 2015 and $3,667,000 in FY 2016.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue:   
Transportation Fund$0$3,667,000$3,667,000
Transportation Fund, One-time$0($1,945,900)$0
   Total Revenue$0$1,721,100$3,667,000
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0$1,721,100$3,667,000
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$0

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)):
Owners of natural gas, electric, hybrid, and converted vehicles will see a registration fee increase ranging from $90 to $120 per vehicle with a total state impact of $1,721,100 in FY 2015 and $3,667,000 in FY 2016.

Performance Note Required? (Joint Rule 4-2-404): No

2/11/2014, 8:39:58 AM, Lead Analyst: Young, T./Attny: SCHOffice of the Legislative Fiscal Analyst