Fiscal Note - State of Utah - 2012 General Session
HB0069 - Insurance Coverage for Autism Spectrum Disorders
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost the state $4,400,000 from various funds to authorize the additional coverage to employees of the state. Additionally there is a cost to the Insurance Department of an estimated $21,900 from the Insurance Department Restricted Account for rule development. Insurance Department Restricted Account revenues and expenditures affect the annual transfer to the General Fund. There will also be a cost to public education of approximately $4,400,000 assuming the costs are covered by the state.
State Budget Detail Table | FY 2012 | FY 2013 | FY 2014 |
Revenue: | |||
General Fund | $0 | ($21,900) | $0 |
Restricted Funds | $0 | $21,900 | $0 |
Total Revenue | $0 | $0 | $0 |
Expenditure: | |||
General Fund | $0 | $1,540,000 | $1,540,000 |
Education Fund | $0 | $4,400,000 | $4,400,000 |
Transportation Fund | $0 | $132,000 | $132,000 |
Federal Funds | $0 | $1,628,000 | $1,628,000 |
Dedicated Credits | $0 | $572,000 | $572,000 |
Restricted Funds | $0 | $528,000 | $528,000 |
Restricted Funds | $0 | $21,900 | $0 |
Total Expenditure | $0 | $8,821,900 | $8,800,000 |
Net Impact, All Funds (Rev.-Exp.) | $0 | ($8,821,900) | ($8,800,000) |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($5,961,900) | ($5,940,000) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could increase local government costs to authorize the additional coverage provided in the bill.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Utah businesses could experience increased insurance premium costs by providing the additional coverage required in the bill. There will be a corresponding benefit to individuals eligible under the new coverage benefits provided in the bill.
1/25/2012, 7:43:27 AM, Lead Analyst: Wilko, A./Attny: CJD | Office of the Legislative Fiscal Analyst |