H.B. 216 1st Sub. (Buff) 2023/02/01 10:06, Lead Analyst: Gary R. Syphus Attorney: JC1 Fiscal Note H.B. 216 1st Sub. (Buff) 2023 General Session Business and Chancery Court Amendments by Brammer, B. (Brammer, Brady.) General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $(484,300) $(1,912,800) $(2,397,100) State Government UCA 36-12-13(2)(c) Revenues FY 2023 FY 2024 FY 2025 General Fund $0 $250,000 $250,000 General Fund, One-time $0 $(250,000) $(62,500) Total Revenues $0 $0 $187,500 Assuming 500 cases are filed annually, this could generate up to $250,000 ongoing in revenue to the General Fund beginning in FY 2026. Revenue in FY 2024 and 2025 is adjusted to reflect effective date outlined in the bill. Expenditures FY 2023 FY 2024 FY 2025 General Fund $0 $734,300 $734,300 General Fund, One-time $0 $1,662,800 $48,800 Total Expenditures $0 $2,397,100 $783,100 Enactment of this bill could cost about $2,397,100 in FY 2024 and $783,100 ongoing beginning in FY 2025 from the General Fund to establish a new Business and Chancery Court as outlined in the bill. This estimate includes costs for: one judgeship, one law clerk, a part-time clerk of court (court administrator), IT infrastructure, and courtroom renovation. This could also cost the Commission on Criminal and Juvenile Justice (CCJJ) about $4,800 one-time from the General Fund in FY 2024 to staff the related judicial nominating commission as outlined in the bill. FY 2023 FY 2024 FY 2025 Net All Funds $0 $(2,397,100) $(595,600) 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)(c) An estimated 500 relevant businesses could pay a $500 filing fee outlined in the bill for a total of $250,000 annualized beginning in FY 2026. H.B. 216 1st Sub. (Buff) 2023/02/01 10:06, Lead Analyst: Gary R. Syphus Attorney: JC1 Regulatory Impact UCA 36-12-13(2)(d) Enactment of this legislation could result in a small increase in 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.