Fiscal Note - State of Utah - 2012 General Session

HB0433 - Expanded Uses of School District Property Tax Revenue

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill allows school districts to redirect revenues by up to $15 million in FY2013 and FY2014 from their capital local levy to certain General Fund purposes.

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.

2/28/2012, 3:51:21 PM, Lead Analyst: Young, T./Attny: AOSOffice of the Legislative Fiscal Analyst