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Fiscal Note - State of Utah - 2012 General Session

HB0150 - Underground Petroleum Storage Tank Financial Viability Study

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will allow the Department of Environmental Quality to expend funds from the Petroleum Storage Tank Trust Fund to conduct a study and prepare a report regarding the financial viability of the Environmental Assurance Program. The estimated cost to complete this study is approximately $65,700 for administrative support, travel, and contract support from the trust fund account.

State Budget Detail TableFY 2012FY 2013FY 2014
Revenue$0$0$0
    
Expenditure:   
Trust Funds$0$65,700$0
   Total Expenditure$0$65,700$0
    
Net Impact, All Funds (Rev.-Exp.)$0($65,700)$0
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$0

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.

2/15/2012, 2:40:48 PM, Lead Analyst: Oh, A./Attny: TJNOffice of the Legislative Fiscal Analyst