Fiscal Note - State of Utah - 2011 General Session
SB0030S01 - Extension of Recycling Market Development Zone Act and Related Tax Credits
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could reduce revenue to the Education Fund by $1,485,000 in FY 2011, by $2,053,500 in FY 2012.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue: | |||
| Education Fund | ($1,485,000) | ($2,053,500) | $0 |
| Total Revenue | ($1,485,000) | ($2,053,500) | $0 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | ($1,485,000) | ($2,053,500) | $0 |
| Net Impact, General/Education Funds (Rev.-Exp.) | ($1,485,000) | ($2,053,500) | $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 would decrease income tax liabilities for individuals and businesses eligible for credits by $1,485,000 in FY 2011, by $2,053,500 in FY 2012.
| 3/8/2011, 9:10:36 AM, Lead Analyst: Wilko, A./Attny: RLR | Office of the Legislative Fiscal Analyst |