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 Table | FY 2012 | FY 2013 | FY 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: SCH | Office of the Legislative Fiscal Analyst |