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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 TableFY 2011FY 2012FY 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: SCHOffice of the Legislative Fiscal Analyst