Fiscal Note - State of Utah - 2012 General Session

HB0113 - High Risk Insurance Pool Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could increase cost to the HIPUtah program by $8,500 in General Fund and $12,200 in dedicated credit revenues.

State Budget Detail TableFY 2012FY 2013FY 2014
Revenue$0$0$0
    
Expenditure:   
General Fund$0$8,500$8,500
Dedicated Credits$0$12,200$12,200
   Total Expenditure$0$20,700$20,700
    
Net Impact, All Funds (Rev.-Exp.)$0($20,700)($20,700)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($8,500)($8,500)

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 could result in an insurance benefit of $10,350 for an estimated two individuals.

2/1/2012, 4:44:57 PM, Lead Analyst: Wilko, A./Attny: CJDOffice of the Legislative Fiscal Analyst