Fiscal Note - State of Utah - 2012 General Session
SB0096S01 - Sales and Use Tax Exemptions for Golf Courses
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could reduce sales tax revenue to the General Fund by $1,900,000 annually.
| State Budget Detail Table | FY 2012 | FY 2013 | FY 2014 |
| Revenue: | |||
| General Fund | $0 | ($1,900,000) | ($1,900,000) |
| Total Revenue | $0 | ($1,900,000) | ($1,900,000) |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($1,900,000) | ($1,900,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($1,900,000) | ($1,900,000) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could reduce local sales tax revenue by $798,000 annually.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Individuals playing golf on public golf courses could receive a sales tax reduction of 68 cents per $10 spent for a cumulative reduction of $2,698,000 per year.
| 1/30/2012, 11:27:40 AM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |