Fiscal Note - State of Utah - 2014 General Session
SB0139S01 - Transportation Funding Revisions
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill increases revenue to the General Fund by $3,032,500 in FY 2016 and increases revenue to the Transportation Investment Fund of 2005 by $1,457,200 in FY 2015 and $79,700 in FY 2016.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| General Fund | $0 | $3,032,500 | $3,032,500 |
| General Fund, One-Time | $0 | ($3,032,500) | $0 |
| Transportation Fund Restricted | $0 | $1,457,200 | $79,700 |
| Total Revenue | $0 | $1,457,200 | $3,112,200 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $1,457,200 | $3,112,200 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $3,032,500 |
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 $1,457,200 in FY 2015 and $3,112,200 in FY 2016.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/14/2014, 7:10:32 AM, Lead Analyst: Young, T./Attny: SCH | Office of the Legislative Fiscal Analyst |