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AMENDED BILL

This bill would raise revenues between $17,000 and $50,000 annually, depending on where the $1 to $3 fee is set. This amount is to be split between the restricted Utah Livestock Brand and Antitheft Account (5 percent) and the Horse Promotion Agency Fund (95 percent) for the promotion of the horse industry. The numbers below assume a $3 fee. Administrative costs can be handled within the 5 percent deposited in the restricted Brand and Antitheft Account.

FY 01 Approp. FY 02 Approp. FY 01 Revenue FY 02 Revenue
Other $0 $47,500 $0 $47,500
GF Restricted $0 $2,500 $0 $2,500
TOTAL $0 0 $0 $50,000

Office of the Legislative Fiscal Analyst

2/29/00 5:28:20 PM

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