Fiscal Note - State of Utah - 2011 General Session

HB0352 - Motor Vehicle Registration and Insurance Amendments

State Government (UCA 36-12-13(2)(b)):
Assuming fees authorized by this bill are set at the same level as similar existing fees, enactment of this bill will increase revenue to the Transportation Fund by an estimated $8,750.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
Transportation Fund$0$8,750$8,750
   Total Revenue$0$8,750$8,750
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0$8,750$8,750
   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)):
Enactment of this bill will cost an estimated 3,500 individuals and businesses an estmimated $2.50 each ($8,750 total) for 96-hour highway permits.

2/23/2011, 8:26:43 AM, Lead Analyst: Young, T./Attny: SCHOffice of the Legislative Fiscal Analyst