Fiscal Note
SB0162S02 - Pete Suazo Utah Athletic Commission
State Impact:
Enactment of this bill would transfer funding and oversight responsibility related to the Pete Suazo Athletic Commission from the Department of Commerce to the Department of Community and Culture. Currently the Commission is funded through Commerce Service Fund revenue. In order to enact the transfer Commerce Service Fund appropriations would have to lapse to the General Fund creating a General Fund revenue source to appropriate from. The amount of the transfer proposed is $170,000 in FY 2008 and FY 2009. In addition, the Department of Community and Culture will need a one-time appropriation of $17,500 (General Funds) for costs related to the move from the Department of Commerce.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $170,000 | $170,000 | $0 | $170,000 | $170,000 |
| General Fund, One-Time | $0 | $17,500 | $0 | $0 | $0 | $0 |
| Commerce Service Fund | $0 | ($170,000) | ($170,000) | $0 | $0 | $0 |
| Total | $0 | $17,500 | $0 | $0 | $170,000 | $170,000 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.
| 2/22/2007, 3:17:57 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |