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 Table | FY 2014 | FY 2015 | FY 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: PLA | Office of the Legislative Fiscal Analyst |