H.B. 217 1st Sub. (Buff) 2023/02/03 15:15, Lead Analyst: Ivan D. Djambov Attorney: PO Fiscal Note H.B. 217 1st Sub. (Buff) 2023 General Session School Energy and Water Reductions by Bennion, G. (Bennion, Gay Lynn.) General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $0 $(9,900,000) $(9,900,000) 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, One-time $0 $9,900,000 $0 Total Expenditures $0 $9,900,000 $0 Enactment of this legislation appropriates $9.9 million one-time from the Income Tax Fund to the Utah State Board of Education for grants to qualified school districts to reduce their energy or water consumption, starting in FY 2024. FY 2023 FY 2024 FY 2025 Net All Funds $0 $(9,900,000) $0 Local Government UCA 36-12-13(2)(c) Enactment of this legislation would allow qualified school districts to receive grants totaling $9.9 million one-time to reduce their energy or water consumption, starting in FY 2024. 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. Performance Evaluation JR1-4-601 This bill does not create a new program or significantly expand an existing program. H.B. 217 1st Sub. (Buff) 2023/02/03 15:15, Lead Analyst: Ivan D. Djambov Attorney: PO 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.