Fiscal Note - State of Utah - 2011 General Session

HB0047 - Contract Cancellation Option on Purchase of Used Vehicle

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill decreases one-time revenue to the General Fund by $5,400 in FY 2012.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
General Fund, One-Time$0($5,400)$0
   Total Revenue$0($5,400)$0
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0($5,400)$0
   Net Impact, General/Education Funds (Rev.-Exp.)$0($5,400)$0

Local Governments (UCA 36-12-13(2)(c)):
Local governments may see a one-time decrease in sales tax revenue of $2,100.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.

1/20/2011, 4:58:43 PM, Lead Analyst: Young, T./Attny: SCHOffice of the Legislative Fiscal Analyst