Representatives Seal

Revised Fiscal Note

S.B. 40 1st Sub. (Green)

2018 General Session

Workers' Compensation Dependent Benefit Amendments

by Mayne, K (Mayne, Karen.)

Senate Seal
General, Education, and Uniform School FundsJR4-5-101
OngoingOne-timeTotal
Net GF/EF/USF (rev.-exp.)$0$0$0


State GovernmentUCA36-12-13(2)(b)

Enactment of this legislation will likely not materially impact state revenue.

RevenuesFY 2018FY 2019FY 2020
Total Revenues $0 $0 $0

Enactment of this legislation could increase costs to workers'' compensation insurance carriers who insure State government in Utah by 1.1% or approximately $68,200. It is not known whether such impact would be absorbed by the carriers or passed on to policy holders.

ExpendituresFY 2018FY 2019FY 2020
Total Expenditures $0 $0 $0
Net All Funds (rev-exp) $0 $0 $0
Local GovernmentUCA36-12-13(2)(c)

Enactment of this legislation could increase costs to workers'' compensation insurance carriers who insure local governments in Utah by 1.1%, or approximately $420,000 statewide. It is not known whether such impact would be absorbed by the carriers or passed on to policy holders.

Individuals & BusinessesUCA36-12-13(2)(d)

Enactment of this legislation could increase costs to workers'' compensation insurance carriers by 1.1%, or approximately $4 million statewide. It is not known whether such impact would be absorbed by the carriers or passed on to policy holders. Enactment of this legislation could increase financial benefits to dependents of insured individuals.

Regulatory ImpactUCA36-12-13(2)(e)
Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.
Performance NoteJR4-2-404

No performance note required for this bill