Fiscal Note - State of Utah - 2011 General Session

SB0198 - Division of Housing and Community Development Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would establish a restricted account for the Small Business Loan Program. The program anticipates $24,000,000 in funding from non-state sources in FY 2012.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
Federal Funds$0$4,000,000$0
Dedicated Credits$0$20,000,000$0
   Total Revenue$0$24,000,000$0
    
Expenditure:   
Restricted Funds$0$24,000,000$0
   Total Expenditure$0$24,000,000$0
    
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)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.

2/22/2011, 11:51:34 AM, Lead Analyst: Wilko, A./Attny: JLWOffice of the Legislative Fiscal Analyst