H.B. 215
2023/01/18 10:51, Lead Analyst: Ben Leishman Attorney: MC
Fiscal Note
H.B. 215
2023 General Session
Funding for Teacher Salaries and Optional
Education Opportunities
by Pierucci, C.
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $(239,451,100) $41,448,700 $(198,002,400)
State Government UCA 36-12-13(2)(c)
Revenues FY 2023 FY 2024 FY 2025
Total Revenues $0 $0 $0
Enactment of this legislation likely will not materially impact state revenue.
Expenditures FY 2023 FY 2024 FY 2025
Income Tax Fund $0 $42,536,700 $42,536,700
Income Tax Fund, One-time $51,300 $(41,500,000) $0
Uniform School Fund $0 $196,914,400 $196,914,400
Total Expenditures $51,300 $197,951,100 $239,451,100
Enactment of this legislation may cost the State Board of Education $239,451,100 ongoing, with
a one-time reduction of $41,500,000 in FY 2024, and $51,300 one-time in FY 2023 from Income
Tax and Uniform School Funds to implement the provisions outlined in this bill. These amounts
include $42.5 million ongoing for student scholarships, $196.9 million ongoing for the Educator Salary
Adjustment increase of $4,200 plus employer-paid benefits to qualifying educators, and administrative
costs at the State Board of Education.
FY 2023 FY 2024 FY 2025
Net All Funds $(51,300) $(197,951,100) $(239,451,100)
Local Government 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.
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. 215
2023/01/18 10:51, Lead Analyst: Ben Leishman Attorney: MC
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.