Fiscal Note - State of Utah - 2014 General Session
SB0139S03 - Transportation Funding Revisions
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill:
(1) increases revenue to the Transportation Investment Fund of 2005 by $19,000 in FY 2015 and $40,000 in FY 2016; and
(2) increases revenue to the Clean Fuels and Vehicle Technology Fund by $5,000 in FY 2015 and $10,000 in FY 2016.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| Transportation Fund Restricted | $0 | $19,000 | $40,000 |
| Transportation Fund Restricted | $0 | $5,000 | $10,000 |
| Total Revenue | $0 | $24,000 | $50,000 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $24,000 | $50,000 |
| 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 electric vehicles will see fees increase by $50 per vehicle with a total state impact of $24,000 in FY 2015 and $50,000 in FY 2016.
Performance Note Required? (Joint Rule 4-2-404): No
| 3/1/2014, 12:58:17 PM, Lead Analyst: Young, T./Attny: SCH | Office of the Legislative Fiscal Analyst |