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 SourceFY 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: SCHOffice of the Legislative Fiscal Analyst