Fiscal Note - State of Utah - 2014 General Session
SB0194 - Amendments to Tax Provisions
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may reduce revenue to the General Fund by $7,000,000 in FY 2015 and $7,200,000 in FY 2016.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| General Fund | $0 | ($7,200,000) | ($7,200,000) |
| General Fund, One-Time | $0 | $200,000 | $0 |
| Total Revenue | $0 | ($7,000,000) | ($7,200,000) |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($7,000,000) | ($7,200,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($7,000,000) | ($7,200,000) |
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)):
Eligible businesses may see a savings in tax liability of $7,000,000 in FY 2015 and $7,200,000 in FY 2016.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/20/2014, 7:21:42 AM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |