Fiscal Note - State of Utah - 2011 General Session

HB0370 - Bail Bond Amendments

State Government (UCA 36-12-13(2)(b)):
Provisions of this bill could result in significant losses in General Fund revenue from forfeited bonds. The magnitude of losses will depend on the number of exonerated bonds that otherwise would have been forfeited.

State Budget Detail TableFY 2011FY 2012FY 2013
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)):
First time applicants for a license as a bail bond surety or agency, will have additional requirements.

3/4/2011, 12:01:06 PM, Lead Analyst: Syphus, G./Attny: SCAOffice of the Legislative Fiscal Analyst