Fiscal Note - State of Utah - 2012 General Session
HB0482 - Severance Tax Funding for Certain Programs
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill shifts oil, gas, and mining severance tax revenue from the General Fund to the Constitutional Defense Restricted Account. The anticipated shift is $4,505,000 in FY 2013 and FY 2014.
State Budget Detail Table | FY 2012 | FY 2013 | FY 2014 |
Revenue: | |||
General Fund | $0 | ($4,505,000) | ($4,505,000) |
General Fund Restricted | $0 | $4,505,000 | $4,505,000 |
Total Revenue | $0 | $0 | $0 |
Expenditure | $0 | $0 | $0 |
Net Impact, All Funds (Rev.-Exp.) | $0 | $0 | $0 |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($4,505,000) | ($4,505,000) |
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.
3/3/2012, 10:10:42 AM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |