Fiscal Note

SB0011S01 - Utah Venture Capital Enhancement Act Amendments

State Impact:
Enactment of this bill would increase contingent tax credits authorization to $300,000,000. The fiscal impact would depend upon tax credits authorized in a given year but could cost the state as much as $20,000,000 annually.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
   Total
$0

$0

$0

$0

$0

$0

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.

2/13/2008, 9:08:34 AM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst