Fiscal Note - State of Utah - 2012 General Session

HB0255 - Motor Vehicle Business Regulation Penalties

State Government (UCA 36-12-13(2)(b)):
Under this bill, more cases in which the Tax Commission waves, lowers, or eliminates fines will reduce revenue to the General Fund by an estimated $900 in FY 2013 and each year thereafter.

State Budget Detail TableFY 2012FY 2013FY 2014
Revenue:   
General Fund$0($900)($900)
   Total Revenue$0($900)($900)
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0($900)($900)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($900)($900)

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)):
An estimated two entities per year may have fines waved, lowered or eliminated averaging about $450 per instance or $900 total each year.

1/21/2012, 4:30:27 PM, Lead Analyst: King, Z./Attny: SCHOffice of the Legislative Fiscal Analyst