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Fiscal Note - State of Utah - 2011 General Session

SB0021S02 - Tax Revisions

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill increases revenue to the Education Fund by $5,000 beginning in FY 2013.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
Education Fund$0$5,000$5,000
Education Fund, One-Time$0($5,000)$0
   Total Revenue$0$0$5,000
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0$0$5,000
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$5,000

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)):
Certain individuals subject to the provisions of the bill can expect an income tax increase, whereas other individuals subject to the bill will experience an income tax decrease.

3/2/2011, 5:12:33 PM, Lead Analyst: Young, T./Attny: RLROffice of the Legislative Fiscal Analyst