Fiscal Notes for SB2006




		Fiscal Note SB2006 - Pete Suazo Utah Athletic Commission

State Impact:
The provisions of this bill may result in a net loss of Commerce Service Fund revenue of approximately $12,200 for the remainder of FY 2002. A program reduction of $12,200 from the Department of Commerce will offset this revenue loss.

Funding Source	FY 02 Approp.	FY 03 Approp.	FY 02 Revenue	FY 03 Revenue
Commerce Service Fund	($12,200)	($16,300)	($12,200)	($16,300)
TOTAL	($12,200)	($16,300)	($12,200)	($16,300)

Individual and Business Impact:
Provisions of this bill will increase revenue from television, broadcasting and motion picture rights by 4 percent to the owners and promoters. Gross receipts from admission fees kept by the promoters will be reduced by 1 percent. The reduction in revenue to the State may result in less grants to qualified organizations.

Office of the Legislative Fiscal Analyst
9/25/2001 10:01:07 PM

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Last Revised: 30 August, 2000