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Fiscal Note - State of Utah - 2012 General Session

SB0160 - Construction Trades Licensing Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this legislation will result in revenue of $412,700 in FY 2013 and $288,300 every other year therafter. Commerce Department expenses associated with the new licensure are estimated at $146,800 in FY 2013 and $127,800 thereafter. Commerce Service Fund revenue and expenditures affect the annual transfer to the General Fund. As such, this bill will result in transfers to the General Fund of $265,000 in FY 2013 and every other year after that. Transfers to the General Fund will decrease to $160,500 in the off license year.

State Budget Detail TableFY 2012FY 2013FY 2014
Revenue:   
General Fund$0$265,900$160,500
Commerce Service Fund$0$22,400$127,800
Commerce Service, One-time$0$124,400$0
   Total Revenue$0$412,700$288,300
    
Expenditure:   
Commerce Service Fund$0$127,800$127,800
Commerce Service, One-time$0$19,000$0
   Total Expenditure$0$146,800$127,800
    
Net Impact, All Funds (Rev.-Exp.)$0$265,900$160,500
   Net Impact, General/Education Funds (Rev.-Exp.)$0$265,900$160,500

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)):
Enactment of this legislation would require an estimated 3,750 licensees to pay the $110 application fee in FY 2013. An additional 25 applicants are expected monthly after the first year. Renewal fees of $63 will be paid during even numbered years. In addition, licensees would be required to pay for the continuing education as required in the bill.

2/6/2012, 3:13:04 PM, Lead Analyst: Wilko, A./Attny: RHROffice of the Legislative Fiscal Analyst