Compendium of Budget Information for the 2014 General Session
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Appropriations Subcommittee (PDF)
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The Utah Department of Commerce is the licensing and registration agency for Utah's professional and corporate community. Business registrations, professional licensing, consumer protection and education, oversight of public utilities and monitoring real estate and securities industries are all department responsibilities.
The department protects public interest by ensuring fair commercial and professional practices.
The mission of the Department of Commerce is "to protect the public interest by ensuring fair commercial and professional practices."
The vision of the Department of Commerce is that, "the Department of Commerce contributes to the success of Utah businesses, professionals, and consumers by creating a favorable economic environment."
The overall governance of the Department of Commerce can be found in UCA 13-1-1 which states: "the Legislature finds that many businesses and occupations in the state have a pronounced physical and economic impact on the health, safety, and welfare of the citizens of the state. The Legislature further finds that while the overall impact is generally beneficial to the public, the potential for harm and injury frequently warrants intervention by state government."
"The Legislature declares that it is appropriate and necessary for state government to protect its citizens from harmful and injurious acts by persons offering or providing essential or necessary goods and services to the general public. The Legislature further declares that business regulation should not be unfairly discriminatory. However, the general public interest must be recognized and regarded as the primary purpose of all regulation by state government."
The following are the specific sections of the Utah Code Annotated that give direction to the Department of Commerce and its operations.
Commerce administers the following special funding sources:
The Commerce Service Fund consists of fees collected by each division and by the department. Funding is used to provide overall staff support to the Department. Any amount over the Legislative appropriation is transferred to the General Fund at the end of the fiscal year.
The Public Utilities Regulation Fee is assessed on public utilities to cover the costs of regulation. Funding is used according to the criteria established in UCA 54-5-1.5
The Factory Built Housing Fee Restricted Account is assessed on factory built home dealers for each home sold. Fund are used to pay for education and enforcement of the Building Inspector and Factory Built Housing Licensing Act.
The Geologist Education and Enforcement Account is funded through a surcharge on initial, renewal, and reinstatement licensure fees provided under the Professional Geologist Licensing Act. Funds are used for education and training of licensees.
The Nurse Education and Enforcement Account is funded through administrative penalties imposed under UCA 58-31b-503. Funding can be used for education and training of licensees, enforcement of the Nurse Practice Act, investigating unprofessional or unlawful conduct, legal representation, reviewing compliance, and establishment of new training programs.
The Pawnbroker and Secondhand Merchandise Operations Restricted Account is created UCA 13-32a-113. The account is funded from the fees and administrative fines imposed and collected under UCA 13-32a-106, 13-32a-107, 13-32a-110, and 13-32a-111. Funds are used to provide training.
The Department of Commerce is funded primarily through the collection and assessment of fees on duties that they are statutorily charged with upholding. Additionally, the Department consists of three main line items, including: Commerce General Regulation, Public Utilities, and Office of Consumer Services.
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COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.