Utah 2023 2023 Regular Session

Utah House Bill HB0415 Introduced / Fiscal Note

Filed 02/21/2023

                    H.B. 415 1st Sub. (Buff)
2023/02/21 09:16, Lead Analyst: Russell T. Frandsen Attorney: DC
Fiscal Note
H.B. 415 1st Sub. (Buff)
2023 General Session
Maternal Coverage Amendments
by Matthews, A. (Matthews, Ashlee.)
General, Income Tax, and Uniform School Funds	JR4-4-101
Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$0	$95,200	$95,200
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
General Fund, One-time	$0 $(29,900) $(29,900)
Income Tax Fund, One-time	$0 $(65,300) $(65,300)
Transportation Fund, One-time	$0 $(4,900) $(4,900)
Federal Funds, One-time	$0 $(10,700) $(10,700)
Dedicated Credits Revenue	$0 $(20,500) $(20,500)
Other Financing Sources	$0 $(4,100) $(4,100)
Restricted Accounts (FN Only)	$0 $(4,600) $(4,600)
Total Expenditures	$0 $(140,000) $(140,000)
The Public Employees Health Program estimates that its costs will annually decrease ($60,000)
FY 2024 through FY 2026, of which ($32,200) comes from the General/Income Tax Funds. Higher
Education costs may decrease by ($80,000) annually FY 2024 through FY 2026. Of these costs,
($63,000) is paid for by the Income Tax Fund.
FY 2023 FY 2024 FY 2025
Net All Funds	$0 $140,000 $140,000
Local Government	UCA 36-12-13(2)(c)
Local governments may see an annual decrease in healthcare costs of ($100,000) beginning in FY
2024 through FY 2026. Local education agencies may see an annual decrease in healthcare costs of
($120,000) beginning in FY 2024 through FY 2026. H.B. 415 1st Sub. (Buff)
2023/02/21 09:16, Lead Analyst: Russell T. Frandsen Attorney: DC
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.
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.