Download Zipped Introduced WP 6.1 SB0227.zip
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Passage of this bill could increase State revenues by $21,800,000 annually. An amount of $8,720,000 from the increase would be deposited in the Cigarette Tax Restricted Account to be utilized in substance abuse, tobacco cessation programs and organ transplants. These funds will be appropriated to the Department of Health and Human Services and the State Office of Education. An amount of $4,360,000 would be deposited in the Comprehensive Health Insurance Pool Enterprise Fund. The Medicaid Hospital Provider Temporary Assessment Account will receive $6,104,000 of the new revenue. The remaining $2,616,000 would be deposited in the Wildland Fire Suppression Fund. The Division of Finance continues to experience increased costs associated with the growth of new funds in State Government. For every 30 funds created, the cost of a new accountant is included for the fiscal note costs.
FY 98 Approp. | FY 99 Approp. | FY 98 Revenue | FY 99 Revenue | |
Restricted Funds | $0 | $0 | $13,080,000 | $13,080,000 |
GF Restricted | $8,720,000 | $8,720,000 | $8,720,000 | $8,720,000 |
TOTAL | $8,720,000 | $8,720,000 | $21,800,000 | $21,800,000 |
Office of the Legislative Fiscal Analyst
2/24/97 6:10:27 p.m.
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