Fiscal Note - State of Utah - 2011 General Session

HB0451 - Tobacco Settlement Funds Amendment

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will increase revenue to the General Fund by $14,874,300 in FY 2012 and $15,529,600 in FY 2013. The bill will decrease revenue - including interest - to the Permanent State Trust Fund by $14,990,500 in FY 2012 and $15,651,000 in FY 2013.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
General Fund$0$14,874,300$15,529,600
Trust Funds$0($14,990,500)($15,651,000)
   Total Revenue$0($116,200)($121,400)
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0($116,200)($121,400)
   Net Impact, General/Education Funds (Rev.-Exp.)$0$14,874,300$15,529,600

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 likely will not result in direct, measurable expenditures by Utah residents or businesses.

2/28/2011, 6:58:38 PM, Lead Analyst: Allred, S./Attny: ECMOffice of the Legislative Fiscal Analyst