Fiscal Note - State of Utah - 2011 General Session
SB0229 - Transportation Funding Revisions
State Government (UCA 36-12-13(2)(b)):
Beginning in FY 2013, enactment of this bill shifts 30% of the growth in sales tax revenue (FY 2011 base) from the General Fund to the Centennial Highway Fund or the Transportation Investment Fund of 2005. The expected shift is $59,621,300 in FY 2013.
|State Budget Detail Table||FY 2011||FY 2012||FY 2013|
|Transportation Fund Restricted||$0||$0||$59,621,300|
|Net Impact, All Funds (Rev.-Exp.)||$0||$0||$59,621,300|
|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.
|3/22/2011, 8:16:02 AM, Lead Analyst: Young, T./Attny: SCH||Office of the Legislative Fiscal Analyst|