Fiscal Note - State of Utah - 2011 General Session

HB0320 - 4-H Special Group License Plate

State Government (UCA 36-12-13(2)(b)):
Under the provisions of this bill, if 640 individuals donate $25 each year to Utah State and simultaneously apply for a 4-H special group license plate, revenue to University would be $16,000 annually; annual dedicated credits revenue would be $2,600 for license plate production and annual revenue to the Transportation Fund would be $600. Private sources will cover the start-up costs.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
Transportation Fund$0$600$600
Dedicated Credits$0$2,600$2,600
Dedicated Credits$0$16,000$16,000
   Total Revenue$0$19,200$19,200
    
Expenditure:   
Dedicated Credits$0$16,000$16,000
   Total Expenditure$0$16,000$16,000
    
Net Impact, All Funds (Rev.-Exp.)$0$3,200$3,200
   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)):
About 640 individuals and businesses are expected to contribute $25 annually to Utah State University and simultaneously apply for a 4-H special group license plate.

2/23/2011, 11:01:21 AM, Lead Analyst: Young, T./Attny: SCHOffice of the Legislative Fiscal Analyst