Fiscal Note - State of Utah - 2014 General Session

SB0057S01 - Autism Services Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost approximately $3.4 million annually, $2.5 million from General Fund / Education Fund, for increased state, public education, and higher education insurance premiums and increased expenditures in the Children's Health Insurance Program. Costs will depend upon prevalence, take-up rates, and medical claims experience. An additional $18,000 ongoing and $14,500 one-time may be required from the Insurance Department Restricted Account for administrative oversight. Expenditures from this account affect the annual transfer to the General Fund. Under the Affordable Care Act, the State is responsible for the increase in premiums on the individual market exchange and the small business market exchange. Utilizing the most recent figures from these exchanges, this amounts to approximately $0.5 million annually from the General Fund but may increase as these exchanges grow.

State Budget Detail TableFY 2014FY 2015FY 2016
General Fund$0($23,500)($23,500)
General Fund, One-Time$0$23,500$0
General Fund Restricted$0$0$23,500
   Total Revenue$0$0$0
General Fund$0$971,000$971,000
General Fund, One-Time$0($971,000)($485,000)
General Fund Restricted$0$0$37,400
Education Fund$0$2,044,800$2,044,800
Education Fund, One-Time$0($2,044,800)($1,022,400)
Transportation Fund$0$0$31,400
Federal Funds$0$0$226,700
Dedicated Credits$0$0$98,300
   Total Expenditure$0$0$1,947,500
Net Impact, All Funds (Rev.-Exp.)$0$0($1,947,500)
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0($1,531,900)

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill may increase local government costs for increased health coverage requirements.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill may increase health insurance premiums for businesses. Some inidividuals may receive compensating increases in health benefits.

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

3/13/2014, 8:04:00 AM, Lead Analyst: Fay, B/Attny: CJDOffice of the Legislative Fiscal Analyst