Fiscal Note - State of Utah - 2011 General Session

SB0042 - Regulation of Sign Companies

State Government (UCA 36-12-13(2)(b)):
Enactment of this legislation may result in new citations, generating $2,500 annually to the Commerce Service Fund (assuming 5 citations of $500 each). Commerce Department investigative expenses associated with this legislation are estimated at $2,200 annually. Commerce Service Fund revenue and expenditures affect the annual transfer to the General Fund.

State Budget Detail TableFY 2011FY 2012FY 2013
General Fund$0$300$300
Commerce Service Fund$0$2,200$2,200
   Total Revenue$0$2,500$2,500
Commerce Service Fund$0$2,200$2,200
   Total Expenditure$0$2,200$2,200
Net Impact, All Funds (Rev.-Exp.)$0$300$300
   Net Impact, General/Education Funds (Rev.-Exp.)$0$300$300

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Contractors will incur the cost of identifying their vehicles. Violations will result in a fine of $500.

1/28/2011, 12:54:12 PM, Lead Analyst: Pratt, S./Attny: RHROffice of the Legislative Fiscal Analyst