Fiscal Note - State of Utah - 2012 General Session

HB0066S02 - Deferred Deposit Lending Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

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)):
Deferred deposit lenders will see a fee increase up to $1 per deferred depost loan transaction. The overall cost is dependent upon the number of transactions made. Such fees will be paid to a contract service provider.