Fiscal Note - State of Utah - 2012 General Session

SB0260 - Automobile Salvage Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will increase Dedicated Credit revenue to the Tax Commission by $30,000.

State Budget Detail TableFY 2012FY 2013FY 2014
Revenue:   
Dedicated Credits$0$30,000$30,000
   Total Revenue$0$30,000$30,000
    
Expenditure:   
Dedicated Credits$0$30,000$30,000
   Total Expenditure$0$30,000$30,000
    
Net Impact, All Funds (Rev.-Exp.)$0$0$0
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$0

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 bill will require out-of-state individuals and businesses to register and obtain a salvage certificate in the State of Utah, they will pay a fee of $200 for their license.

2/24/2012, 8:41:31 AM, Lead Analyst: King, Z./Attny: SCHOffice of the Legislative Fiscal Analyst