Fiscal Note - State of Utah - 2014 General Session

HB0134S04 - Firearm Safety Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will reduce annual revenue collected by the Bureau of Criminal Identification (BCI) for concealed firearms permits by $126,000 and shift this revenue into the "Concealed Weapons Account." Enactment will also transfer $250,000 from BCI nonlapsing balances into the "Firearm Safety Account" and appropriate $70,000 ongoing from this account back to BCI to manage the Firearm Safety Program. This program will sunset July 1, 2018.

State Budget Detail TableFY 2014FY 2015FY 2016
General Fund Restricted$0$3,721,000$3,471,000
Dedicated Credits$0($3,597,000)($3,597,000)
   Total Revenue$0$124,000($126,000)
General Fund Restricted$0$70,000$70,000
Nonlapsing Funds$0$250,000$0
   Total Expenditure$0$320,000$70,000
Net Impact, All Funds (Rev.-Exp.)$0($196,000)($196,000)
   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 likely will reduce resident initial concealed carry application fees by $5.

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

3/13/2014, 7:47:42 PM, Lead Analyst: Fay, B/Attny: LAKOffice of the Legislative Fiscal Analyst