Fiscal Note - State of Utah - 2011 General Session
HB0277 - Sales and Use Tax Revisions
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could reduce the General Fund by approximately $180,000 annually.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue: | |||
| General Fund | $0 | ($180,000) | ($180,000) |
| Total Revenue | $0 | ($180,000) | ($180,000) |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($180,000) | ($180,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($180,000) | ($180,000) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could reduce local sales tax revenue by approximately $76,000 annually.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Individuals and businesses impacts will vary and savings will total approximately $256,000.
| 2/22/2011, 3:08:02 PM, Lead Analyst: Wilko, A./Attny: RLR | Office of the Legislative Fiscal Analyst |