Fiscal Note - State of Utah - 2011 General Session

HB0306 - School Building Construction Impact Fees

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill may result in additional revenues for local school districts. The amount of revenue would depend upon levels of impact fees and residential construction.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill may increase impact fees on businesses or individuals constructing residential properties. The amount of impact would depend upon levels of impact fees and residential construction.

2/15/2011, 12:20:16 PM, Lead Analyst: Lee, P.W./Attny: GCLOffice of the Legislative Fiscal Analyst