Fiscal Note - State of Utah - 2012 General Session

SB0046 - Agriculture Sustainability Act

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 could increase the Agricultural Sustainability Investment Fund for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Individuals and busineses could experience increased property tax assessments equal to the amounts diverted into the Agricultural Sustainability Investment Fund.

2/1/2012, 10:43:18 AM, Lead Analyst: Wilko, A./Attny: VAOffice of the Legislative Fiscal Analyst