Fiscal Note - State of Utah - 2013 General Session
HB0245S01 - Consumer Protection Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would increase revenue to the Consumer Protection Education Fund by $400,000 annually. The increased penalties provided in the bill will increase revenue to the Consumer Protection Education Fund by $491,000 offsetting the potential impact to the General Fund. Dedicated Credits for the Department of Commerce are expected to increase by $10,000 annually due to the background check fees for telemarketing companies. Spending from the Commerce Service Fund affects annual transfers to the General Fund.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue: | |||
| General Fund | $0 | $91,000 | $91,000 |
| Dedicated Credits | $0 | $10,000 | $10,000 |
| Restricted Funds | $0 | $400,000 | $400,000 |
| Total Revenue | $0 | $501,000 | $501,000 |
| Expenditure: | |||
| Dedicated Credits | $0 | $10,000 | $10,000 |
| Total Expenditure | $0 | $10,000 | $10,000 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $491,000 | $491,000 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $91,000 | $91,000 |
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)):
Offenders and suppliers would be subject to additional late fees for a cumulative cost estimated at $491,000 annually. An estimated 250 telemarketers would pay a $40 fee for a criminal background check resulting in a cumulative cost of $10,000.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/6/2013, 11:23:20 AM, Lead Analyst: Wilko, A./Attny: CRG | Office of the Legislative Fiscal Analyst |