! The Capitol Complex is closed to the public due to COVID-19. All meetings will be held virtually online. View procedures and guidelines for remote public comment
LFA Home Page Picture

Download Zipped Introduced WP 6.1 SB0030.zip
[Back to the Bills Directory] [Back to the Fiscal Note Directory]

Passage of this bill could shift between property classifications and counties of approximately $3,079,000 annually. There is also a increase to the Uniform School Fund of $388,200 annually due to the fact that these vehicles will no longer be deductible under state and federal income taxes. The basic minimum school rate would be increased to compensate for a loss of approximately $543,400. The Tax Commission would require an appropriation of $20,000 to implement the provisions of the bill.

FY 01 Approp. FY 02 Approp. FY 01 Revenue FY 02 Revenue
General Fund $20,000 $0 $0 $0
Uniform School Fund $0 $0 $0 $388,200
TOTAL $20,000 0 $0 $388,200

Office of the Legislative Fiscal Analyst

1/20/00 10:57:58 AM

Line

[Home] [Notes] [Reports] [Appropriations] [Who's Who] [About Us]

[State of Utah Home Page |Legislature Home Page |Legislative Fiscal Analyst Home Page ]