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Fiscal Note - State of Utah - 2011 General Session

HB0104S02 - Homeowner Association Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this legislation will increase annual revenue and expenditures for the Department of Commerce by $70,100 (plus $9,600 in one-time revenues and expenditures in FY 2012).

State Budget Detail TableFY 2011FY 2012FY 2013
Commerce Service Fund$0$70,100$70,100
Commerce Service, One-time$0$9,600$0
   Total Revenue$0$79,700$70,100
Commerce Service Fund$0$70,100$70,100
Commerce Service, One-time$0$9,600$0
   Total Expenditure$0$79,700$70,100
Net Impact, All Funds (Rev.-Exp.)$0$0$0
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$0

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Homeowners associations will incur filing fee costs.

3/17/2011, 11:12:59 AM, Lead Analyst: Pratt, S./Attny: RHROffice of the Legislative Fiscal Analyst