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 Table||FY 2012||FY 2013||FY 2014|
|Commerce Service Fund||$0||$22,400||$127,800|
|Commerce Service, One-time||$0||$124,400||$0|
|Commerce Service Fund||$0||$127,800||$127,800|
|Commerce Service, One-time||$0||$19,000||$0|
|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: RHR||Office of the Legislative Fiscal Analyst|