Fiscal Note H.B. 177 2020 General Session Prescription ...

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H.B. 177 2020/01/26 18:47, Lead Analyst: Russell T. Frandsen Attorney: RS2 Fiscal Note H.B. 177 2020 General Session Prescription Revisions by Harrison, S. General, Education, and Uniform School Funds JR4-5-101 Ongoing One-time Total Net GF/EF/USF (rev.-exp.) $(3,600) $0 $(3,600) State Government UCA 36-12-13(2)(b) Revenues FY 2020 FY 2021 FY 2022 General Fund $0 $(3,600) $(3,600) Commerce Service Fund $0 $4,600 $4,600 Total Revenues $0 $1,000 $1,000 Enactment of this legislation could increase fine revenue to the Commerce Service Account by $1,000 annually. When combined with Commerce Service Account expenditures below, the year-end transfer from the Commerce Service Fund to the General Fund could decrease by $3,600 annually. Expenditures FY 2020 FY 2021 FY 2022 Commerce Service Fund $0 $4,600 $4,600 Total Expenditures $0 $4,600 $4,600 Enactment of this legislation may increase ongoing costs to the Department of Commerce by $4,600 ongoing from the Commerce Service Fund beginning in FY 2021 for staff time for six additional investigations annually. Spending from the Commerce Service Account impacts year-end transfers to the General Fund. FY 2020 FY 2021 FY 2022 Net All Funds $0 $(3,600) $(3,600) Local Government UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct, measurable costs for local governments. Individuals & Businesses UCA 36-12-13(2)(d) Enactment of this legislation may result in two private entities paying $500 each in fines annually beginning in FY 2021.

Transcript of Fiscal Note H.B. 177 2020 General Session Prescription ...

Page 1: Fiscal Note H.B. 177 2020 General Session Prescription ...

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Fiscal NoteH.B. 1772020 General SessionPrescription Revisionsby Harrison, S.

General, Education, and Uniform School Funds JR4-5-101

Ongoing One-time TotalNet GF/EF/USF (rev.-exp.) $(3,600) $0 $(3,600)

State Government UCA 36-12-13(2)(b)

Revenues FY 2020 FY 2021 FY 2022

General Fund $0 $(3,600) $(3,600)

Commerce Service Fund $0 $4,600 $4,600

Total Revenues $0 $1,000 $1,000

Enactment of this legislation could increase fine revenue to the Commerce Service Account by $1,000annually. When combined with Commerce Service Account expenditures below, the year-end transferfrom the Commerce Service Fund to the General Fund could decrease by $3,600 annually.

Expenditures FY 2020 FY 2021 FY 2022

Commerce Service Fund $0 $4,600 $4,600

Total Expenditures $0 $4,600 $4,600

Enactment of this legislation may increase ongoing costs to the Department of Commerce by $4,600ongoing from the Commerce Service Fund beginning in FY 2021 for staff time for six additionalinvestigations annually. Spending from the Commerce Service Account impacts year-end transfers tothe General Fund.

FY 2020 FY 2021 FY 2022

Net All Funds $0 $(3,600) $(3,600)

Local Government UCA 36-12-13(2)(c)

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

Individuals & Businesses UCA 36-12-13(2)(d)

Enactment of this legislation may result in two private entities paying $500 each in fines annuallybeginning in FY 2021.

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Regulatory Impact UCA 36-12-13(2)(e)

Enactment of this legislation could result in a small increase in the regulatory burden for Utah residentsor businesses.

Performance Note JR4-2-404

No performance note required for this bill

Notes on NotesFiscal notes estimate the direct costs or revenues of enacting a bill. The Legislature uses them to balance the budget. They do not measure a bill'sbenefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal note is not an appropriation. The Legislature decidesappropriations separately.