H.B. 12
2023/01/15 19:32, Lead Analyst: Bidusha Mudbhari Attorney: AS2
Fiscal Note
H.B. 12
2023 General Session
Department of Commerce Electronic
Payment Fees
by Teuscher, J.
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $(800,000) $0 $(800,000)
State Government UCA 36-12-13(2)(c)
Revenues FY 2023 FY 2024 FY 2025
General Fund $0 $(800,000) $(800,000)
New Account Created By Bill (FN
Only)
$0 $800,000 $800,000
Total Revenues $0 $0 $0
Enactment of this legislation could transfer $800,000 in revenue from the Commerce Service Account
to a new restricted account created by this legislation beginning in FY 2024. Reductions in Commerce
Service Fund revenue impact year-end General Fund transfers. Without a corresponding reduction
in Commerce Service Fund appropriations, enactment of this bill could result in less General Fund
revenue of $800,000 ongoing beginning in FY 2024.
Expenditures FY 2023 FY 2024 FY 2025
Total Expenditures $0 $0 $0
Enactment of this legislation likely will not materially impact state expenditure.
FY 2023 FY 2024 FY 2025
Net All Funds $0 $0 $0
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)(c)
Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah
residents and businesses.
Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation likely will not change the regulatory burden for Utah residents or
businesses. H.B. 12
2023/01/15 19:32, Lead Analyst: Bidusha Mudbhari Attorney: AS2
Performance Evaluation JR1-4-601
This bill does not create a new program or significantly expand an existing program.
Notes on Notes
Fiscal 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's
benefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal note is not an appropriation. The Legislature decides
appropriations separately.