H.B. 215 3rd Sub. (Cherry)
2023/01/23 14:53, Lead Analyst: Ben Leishman Attorney: MC
Fiscal Note
H.B. 215 3rd Sub. (Cherry)
2023 General Session
Funding for Teacher Salaries and Optional
Education Opportunities
by Pierucci, C. (Pierucci, Candice.)
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 3rd Sub. (Cherry)
2023/01/23 14:53, 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 creates a new program or significantly expands an existing program. For a list of questions
lawmakers might ask to improve accountability for the proposed program, please see:
https://budget.utah.gov/newprogram
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.