Fiscal Note - State of Utah - 2011 General Session
HB0042 - Alcoholic Beverage Control Act Retail License Quotas
State Government (UCA 36-12-13(2)(b)):
By increasing the number of full-service and limited-service restaurant licensees, enactment of this bill increases fee revenue to the Liquor Control Fund by $60,700 in FY 2012 and $61,600 in FY 2013. The new licensees also increase gross revenue to the Liquor Control Fund by $423,600, of which $89,000 would be transferred to the General Fund as liquor profits, 42,400 to the School Lunch program, and $27,500 to the General Fund from sales tax. Additionally, the newly licensed restaurants increase sales tax revenue by $49,300 in FY 2012 and $51,100 in FY 2013.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue: | |||
| General Fund | $0 | $229,200 | $229,200 |
| General Fund, One-Time | $0 | ($2,700) | $0 |
| Dedicated Credits | $0 | $42,400 | $42,400 |
| Liquor Control Fund | $0 | $264,700 | $264,700 |
| Total Revenue | $0 | $533,600 | $536,300 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $533,600 | $536,300 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $226,500 | $229,200 |
Local Governments (UCA 36-12-13(2)(c)):
Local governments can expect an increase in sales tax revenue of $28,800 in FY 2012 and $30,600 in FY 2013.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
By increasing the number of licensees available to businesses, such businesses can expect to pay fees of $60,700 in FY 2012 and $61,600 in FY 2013.
| 1/22/2011, 11:40:13 AM, Lead Analyst: Young, T./Attny: PO | Office of the Legislative Fiscal Analyst |