General, Education, and Uniform School FundsJR4-5-101

	Ongoing	One-time	Total
Net GF/EF/USF (rev.-exp.)	$(24,200)	$0	$(24,200)

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

Enactment of this legislation could reduce Commerce Service Account revenue by $28,800 annually beginning in FY 2019. This revenue loss, combined with the Commerce Service Account cost savings below, could decrease annual transfers to the General Fund by $24,200 annually.

Revenues	FY 2018	FY 2019	FY 2020
General Fund	$0	$(24,200)	$(24,200)
Commerce Service Fund	$0	$(4,600)	$(4,600)
Total Revenues	$0	$(28,800)	$(28,800)

Enactment of this legislation could save the Department of Commerce $4,600 annually beginning in FY 2019 from the Commerce Service Account in staff time for application processing and investigations. Spending from the Commerce Service Account impacts year-end transfers to the General Fund.

Expenditures	FY 2018	FY 2019	FY 2020
Commerce Service Fund	$0	$(4,600)	$(4,600)
Total Expenditures	$0	$(4,600)	$(4,600)

Net All Funds (rev-exp)

$(24,200)

Local GovernmentUCA36-12-13(2)(c)

Enactment of this legislation likely will not result in direct, measurable costs for local governments.

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

Enactment of this legislation could save 115 professional fundraiser firms meeting the exemption criteria a $250 annual fee for aggregate savings of $28,800 annually.

Regulatory Impact

Enactment of this legislation could result in a medium reduction in the regulatory burden for Utah residents or businesses.

Performance NoteJR4-2-404

No performance note required for this bill

Revised Fiscal Note