Fiscal Note - State of Utah - 2014 General Session

SB0186 - Contractor Licensing and Continuing Education Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could reduce revenue to the Commerce Service Fund by $40,600 annually due to lost fees related continuing education courses. There will be a reduction in caseload for the Department of Commerce of $7,700 annually. Spending from the Commerce Service Fund affects annual transfers to the General Fund. The net impact to the General Fund after expenditure reductions is approximately $32,900.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue:   
General Fund$0($32,900)($32,900)
   Total Revenue$0($32,900)($32,900)
    
Expenditure:   
Commerce Service Fund$0($7,700)($7,700)
   Total Expenditure$0($7,700)($7,700)
    
Net Impact, All Funds (Rev.-Exp.)$0($25,200)($25,200)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($32,900)($32,900)

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)):
New licensees could experience increases costs of $500 annually to pay for private sector courses. Existing licensees could experience a savings of $40 per year.

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

2/18/2014, 6:53:54 PM, Lead Analyst: Wilko, A./Attny: PLAOffice of the Legislative Fiscal Analyst