H.B. 469 3rd Sub. (Cherry) 2023/03/02 12:58, Lead Analyst: Bidusha Mudbhari Attorney: PO Revised Fiscal Note H.B. 469 3rd Sub. (Cherry) 2023 General Session Wildlife Related Amendments by Snider, C. (Sandall, Scott.) General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $(1,002,400) $(29,000) $(1,031,400) State Government UCA 36-12-13(2)(c) Revenues FY 2023 FY 2024 FY 2025 General Fund $0 $(2,400) $(2,400) General Fund, One-time $0 $(29,000) $0 Commerce Service Fund $0 $2,400 $2,400 Commerce Service Fund, One- time $0 $29,000 $0 Total Revenues $0 $0 $0 Enactment of this bill could reduce year-end transfers to the General Fund from the Commerce Service Fund by $29,000 one-time in FY 2024 and by $2,400 ongoing beginning in FY 2024. Expenditures FY 2023 FY 2024 FY 2025 General Fund $0 $1,000,000 $1,000,000 Commerce Service Fund $0 $2,400 $2,400 Commerce Service Fund, One- time $0 $29,000 $0 Total Expenditures $0 $1,031,400 $1,002,400 Enactment of this bill could cost the Department of Commerce $29,000 one-time in FY 2024 for establishing rules and guidelines and $2,400 ongoing beginning in FY 2024 for investigations. Spending from the Commerce Service Fund impacts year-end transfers to the General Fund. Enactment of this legislation appropriates $1,000,000 ongoing beginning in FY 2024 from General Fund to the Wildlife Land and Water Acquisition Program created by this legislation. FY 2023 FY 2024 FY 2025 Net All Funds $0 $(1,031,400) $(1,002,400) Local Government UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct, measurable costs for local governments. H.B. 469 3rd Sub. (Cherry) 2023/03/02 12:58, Lead Analyst: Bidusha Mudbhari Attorney: PO 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 could result in a medium 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.