Fiscal Note - State of Utah - 2012 General Session

HB0036 - Sales and Use Tax - Computer Software and Other Tangible Personal Property Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill modifies the taxation of certain software maintenance contracts. Currently taxpayers apply tax in a variety of ways as a result the actual impact of the change is unknown. For each 1 percent impact on computer maintenance contracts either positive or negative there could be an fiscal impact of $6,700.

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)):
Businesses utilizing computer maintenance contracts could see a benefit or a cost depending on how they are currently applying the statute.