Fiscal Note - State of Utah - 2011 General Session

SB0129S03 - Licensing of Physician-educators

State Government (UCA 36-12-13(2)(b)):
Enactment of this legislation will result in revenue of $500 in FY 2012 and $1,000 in odd-numbered years therafter. Commerce Department expenses associated with the new licensure are estimated at $400 in FY 2012 and $500 annually thereafter. Commerce Service Fund revenue and expenditures affect the annual transfer to the General Fund. As such, this bill will result in transfers to the General Fund of $100 in FY 2012 and $500 in FY 2013 and every odd-numbered year after that. Transfers to the Genral Fund will decrease by $500 in even-numbered years after FY 2013.

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 legislation would require an estimated five licensees to pay the $100 application fee in FY 2012. An additional five applicants are expected in FY 2013, together with the renewal of the original five licensees.