Fiscal Note - State of Utah - 2011 General Session
SB0132 - Sales and Use Tax Exemption for an Energy Efficient Stove or Energy Efficient Stove Fuel
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill reduces General Fund revenue by $70,200 in FY 2012 and $73,600 in FY 2013.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue: | |||
| General Fund | $0 | ($73,600) | ($73,600) |
| General Fund, One-Time | $0 | $3,400 | $0 |
| Total Revenue | $0 | ($70,200) | ($73,600) |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($70,200) | ($73,600) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($70,200) | ($73,600) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could reduce local government sales tax revenue by $6,500 annually.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Individuals and businesses purchasing energy efficient stoves or fuel for energy efficient stoves will not pay sales tax, eliminating a sales tax liability of $80,100 annually.
| 2/4/2011, 12:14:07 PM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |