Fiscal Note - State of Utah - 2012 General Session
HB0298 - Motor Vehicle Safety Inspection Amendments
State Government (UCA 36-12-13(2)(b)):
Enacting this bill will reduce Department of Public Safety costs by about $1.3 million in ongoing dedicated credits beginning in FY 2013. Eliminating vehicle safety inspection requirements will also reduce dedicated credit revenue to Public Safety by about $1.4 million and to the Transportation Fund by about $2.3 million.
Registration fees will increase by $1.50 per vehicle generating $3.25 million. Of this amount, about $1.3 million will go to the Transportation Fund Restricted - Public Safety Account for Highway Patrol costs and $1.95 million will go to the Transportation Fund.
The net effect is a revenue decrease to the Transportation Fund of $364,000 ongoing and a net decrease in dedicated credits of $87,000 ongoing.
| State Budget Detail Table | FY 2012 | FY 2013 | FY 2014 |
| Revenue: | |||
| Transportation Fund | $0 | ($357,000) | ($364,000) |
| Transportation Fund Restricted | $0 | $1,296,000 | $1,322,000 |
| Dedicated Credits | $0 | ($1,381,000) | ($1,409,000) |
| Total Revenue | $0 | ($442,000) | ($451,000) |
| Expenditure: | |||
| Transportation Fund Restricted | $0 | $1,296,000 | $1,322,000 |
| Dedicated Credits | $0 | ($1,296,000) | ($1,322,000) |
| Total Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($442,000) | ($451,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
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)):
Enacting this bill will save individuals $17 per safety inspection per vehicle. The total impact is an estimated ongoing savings of $30.1 million beginning in FY 2013.
Of the total, $26.4 million would be a revenue loss to safety inspection businesses.
In FY 2013, individuals will pay $1.50 per vehicle per year more in registration fees for a total impact of $3.25 million.
| 2/3/2012, 10:24:42 AM, Lead Analyst: Syphus, G./Attny: SCH | Office of the Legislative Fiscal Analyst |