Fiscal Note - State of Utah - 2014 General Session
SB0224 - Renewable Energy Tax Credit Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may reduce revenue to the Education Fund by $637,000 beginning in FY 2016.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| Education Fund | $0 | ($637,000) | ($637,000) |
| Education Fund, One-Time | $0 | $637,000 | $0 |
| Total Revenue | $0 | $0 | ($637,000) |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $0 | ($637,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | ($637,000) |
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 will see a savings in tax liability of $637,000 beginning in FY 2016.
Performance Note Required? (Joint Rule 4-2-404): No
| 3/7/2014, 11:17:10 AM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |