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 Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| 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 |
| Expenditure: | |||
| 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 |
| Other | $0 | $0 | $45,300 |
| 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: CJD | Office of the Legislative Fiscal Analyst |