Fiscal Note - State of Utah - 2011 General Session

SB0116 - Homestead Exemption Modification

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

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)):
This bill will provide increased homeowner equity protection for up to 12,000 individuals from creditors in bankruptcy cases.