Fiscal Note - State of Utah - 2014 General Session

SB0207 - Corporate Franchise and Income Tax Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill clarifies current practice, which forgoes around $400,000 in Education Fund revenue annually.

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)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.

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