Fiscal Note - State of Utah - 2013 General Session
SB0036 - Cigarette and Tobacco Tax and Licensing Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may increase tobacco related tax revenue by $61,000 annually.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue: | |||
| General Fund | $0 | $61,000 | $61,000 |
| Total Revenue | $0 | $61,000 | $61,000 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $61,000 | $61,000 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $61,000 | $61,000 |
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)):
By imposing new reporting requirements, enactment of this bill increases the administrative costs to businesses by an estimated $9,300. Also, by imposing minimum puchasing requirements, individuals may see an increase in tax liability of $61,000 annually.
Performance Note Required? (Joint Rule 4-2-404): No
| 1/11/2013, 2:30:05 PM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |