Fiscal Note
HB0311S01 - Utah State Railroad Museum Authority
State Impact:
Enactment of this bill could reduce the General Fund by $46,500 annually.
| Funding Source | FY 2009 Approp. | FY 2010 Approp. | FY 2011 Approp. | FY 2009 Revenue | FY 2010 Revenue | FY 2011 Revenue |
| General Fund | $0 | $0 | $0 | $0 | ($46,500) | ($46,500) |
| Total | $0 | $0 | $0 | $0 | ($46,500) | ($46,500) |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals. Businesses providing services to the newly established authority would receive a potential sales tax benefit. Local governments could see reduction in sales tax revenue of $15,000 annually.
| 2/27/2009, 12:00:35 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |