Fiscal Note - State of Utah - 2012 General Session
HB0245 - Amendment to Definition of Smoking in Utah Indoor Clean Air Act
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would reduce revenue to the General Fund by an estimated $10,500 in FY 2012, $73,900 in FY 2013, and $75,300 ongoing beginning in FY 2014 through reduced sales tax and tobacco tax.
State Budget Detail Table | FY 2012 | FY 2013 | FY 2014 |
Revenue: | |||
General Fund | $0 | ($75,300) | ($75,300) |
General Fund, One-Time | ($10,500) | $1,400 | $0 |
Total Revenue | ($10,500) | ($73,900) | ($75,300) |
Expenditure | $0 | $0 | $0 |
Net Impact, All Funds (Rev.-Exp.) | ($10,500) | ($73,900) | ($75,300) |
Net Impact, General/Education Funds (Rev.-Exp.) | ($10,500) | ($73,900) | ($75,300) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill would reduce sales tax revenue to local governments by an estimated $3,500 in FY 2012, $24,200 in FY 2013, and $24,700 ongoing beginning in FY 2014.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
This bill may cost businesses lost sales revenue up to $160,500 in FY 2012, $1,127,300 in FY 2013, and $1,149,800 ongoing beginning in FY 2014. Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents.
1/23/2012, 11:34:01 AM, Lead Analyst: Frandsen, R./Attny: CJD | Office of the Legislative Fiscal Analyst |