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.