Fiscal Note - State of Utah - 2014 General Session

HB0044S02 - Interstate Electric Transmission Lines

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost the Office of Energy Development $9,500 per year for staff time to review agreements or to provide certificates of in-state need. This cost will be offset by fees that are authorized in the bill.

State Budget Detail TableFY 2014FY 2015FY 2016
Dedicated Credits$0$9,500$9,500
   Total Revenue$0$9,500$9,500
Dedicated Credits$0$9,500$9,500
   Total Expenditure$0$9,500$9,500
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)):
The Office of Energy Development anticipates charging a fee to applicants between $1,000 to $5,000 (depending on the complexity) per agreement reviewed or certificate issued.

Performance Note Required? (Joint Rule 4-2-404): No

2/26/2014, 10:14:22 AM, Lead Analyst: Oh, A./Attny: VAOffice of the Legislative Fiscal Analyst