Fiscal Note - State of Utah - 2011 General Session
SB0320 - Deposit of Severance Tax Revenues into Permanent State Trust Fund
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will raise the cap on severance tax deposits to the General Fund by $6,000,000 annually before funds are transferred into the state trust fund.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue: | |||
| General Fund | $0 | $6,000,000 | $6,000,000 |
| Total Revenue | $0 | $6,000,000 | $6,000,000 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $6,000,000 | $6,000,000 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $6,000,000 | $6,000,000 |
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.
| 3/10/2011, 11:26:41 PM, Lead Analyst: Allred, S./Attny: RLR | Office of the Legislative Fiscal Analyst |