Fiscal Note - State of Utah - 2013 General Session

SB0042S01 - Medical School Admissions Funding

State Government (UCA 36-12-13(2)(b)):
This bill appropriates $6.5 million from the Education Fund in FY 2014 and $10 million annually thereafter to the School of Medicine at the University of Utah.

State Budget Detail TableFY 2013FY 2014FY 2015
Education Fund$0$10,000,000$10,000,000
Education Fund, One-Time$0($3,500,000)$0
   Total Expenditure$0$6,500,000$10,000,000
Net Impact, All Funds (Rev.-Exp.)$0($6,500,000)($10,000,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($6,500,000)($10,000,000)

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)):
Enactment of this bill likely will provide funding for 40 additional students who have a strong connection to Utah, but will not result in direct, measurable expenditures by other Utah residents or businesses.

Performance Note Required? (Joint Rule 4-2-404): Yes

3/13/2013, 11:28:20 AM, Lead Analyst: Pratt, S./Attny: AOSOffice of the Legislative Fiscal Analyst