Fiscal Note
HB0151 - Utah High School Rodeo Support Special Group License Plate
State Impact:
If 500 individuals donate $25 each year under the provisions of this bill, revenue to the Utah High School Rodeo Support Restricted Account could be $12,500 annually. If 1,000 individuals participate in the program (500 per year), dedicated credits for license plate production would be $2,000 and revenue to the Transportation Fund would be $500 annually. Startup costs are paid from private sources.
Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
General Fund Restricted | $0 | $0 | $0 | $0 | $12,500 | $12,500 |
Transportation Fund | $0 | $0 | $0 | $0 | $500 | $500 |
Dedicated Credits | $0 | $18,400 | $0 | $0 | $2,000 | $2,000 |
Total | $0 | $18,400 | $0 | $0 | $15,000 | $15,000 |
Individual, Business and/or Local Impact:
Individuals and businesses may support high school rodeo programs through donations. Local governments are unaffected.
2/16/2010, 11:31:51 AM, Lead Analyst: Young, T./Attny: SCH | Office of the Legislative Fiscal Analyst |