H.B. 12 1st Sub. (Buff)
2023/01/18 10:51, Lead Analyst: Bidusha Mudbhari Attorney: AS2
Fiscal Note
H.B. 12 1st Sub. (Buff)
2023 General Session
Department of Commerce Electronic
Payment Fees
by Teuscher, J. (Teuscher, Jordan.)
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $0 $0 $0
State Government UCA 36-12-13(2)(c)
Revenues FY 2023 FY 2024 FY 2025
Commerce Service 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 redirect $800,000 ongoing revenue beginning in FY 2024 from the
Commerce Service Account to to a new restricted account created by this legislation.
Expenditures FY 2023 FY 2024 FY 2025
Commerce Service Fund $0 $(800,000) $(800,000)
New Account Created By Bill (FN
Only)
$0 $800,000 $800,000
Total Expenditures $0 $0 $0
Enactment of this legislation reduces ongoing appropriations from the Commerce Service Account by
$800,000 ongoing beginning in FY 2024 and increases appropriations from a new restricted account
created by this legislation by the same amount.
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. H.B. 12 1st Sub. (Buff)
2023/01/18 10:51, Lead Analyst: Bidusha Mudbhari Attorney: AS2
Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation likely will not change the regulatory burden for Utah residents or
businesses.
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.