Fiscal Note - State of Utah - 2011 General Session

SB0035S02 - Construction Licensees Related Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this legislation would require certain construction owners to file an ownership status report. Initial filings in the first year would generate approximately $100,000 in revenue, with $20,000 in revenue in subsequent years. Audit and filing expenses for the Department of Commerce would match the revenue generated. The Labor Commission could experience some increase in case filings as a result of this legislation, but costs associated with this increase are expected to be minimal.

State Budget Detail TableFY 2011FY 2012FY 2013
Commerce Service Fund$0$20,000$20,000
Commerce Service, One-time$0$80,000$0
   Total Revenue$0$100,000$20,000
Commerce Service Fund$0$20,000$20,000
Commerce Service, One-time$0$80,000$0
   Total Expenditure$0$100,000$20,000
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)):
An estimated 5,000 construction owners (businesses or individuals) specified in this legislation would be required to pay an initial filing fee of $20.00. In the event of an ownership change, a re-filing fee would be required. These owners would also need to secure a credit report to submit when filing. If the specified entities are not currently providing workers' compensation, they would also incur the costs associated with this coverage.

2/14/2011, 8:34:56 AM, Lead Analyst: Pratt, S./Attny: POOffice of the Legislative Fiscal Analyst