Fiscal Note - State of Utah - 2011 General Session
SB0287 - Specialty License Plate Amendments
State Government (UCA 36-12-13(2)(b)):
Under the provisions of this bill, if 1,000 individuals donate $25 each year to the Choose Life Adoption Support Restricted Account and simultaneously apply for a Choose Life Adoption Support special group license plate, revenue to groups providing adoption material would be $25,000 annually; annual dedicated credits revenue would be $4,000 for license plate production and annual revenue to the Transportation Fund would be $1,000. Start-up costs require a one-time General Fund appropriation of $18,500.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue: | |||
| General Fund Restricted | $0 | $25,000 | $25,000 |
| Transportation Fund | $0 | $1,000 | $1,000 |
| Dedicated Credits | $0 | $4,000 | $4,000 |
| Total Revenue | $0 | $30,000 | $30,000 |
| Expenditure: | |||
| General Fund, One-Time | $0 | $18,500 | $0 |
| General Fund Restricted | $0 | $25,000 | $25,000 |
| Total Expenditure | $0 | $43,500 | $25,000 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($13,500) | $5,000 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($18,500) | $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)):
About 1,000 individuals and businesses are expected to contribute $25 annually to the Choose Life Adoption Support Restricted Account and simultaneously apply for a Choose Life Adoption Support special group license plate.
| 3/2/2011, 3:53:36 PM, Lead Analyst: Young, T./Attny: SCH | Office of the Legislative Fiscal Analyst |