H.B. 556
2023/02/27 09:20, Lead Analyst: Steven M. Allred Attorney: MC3
Fiscal Note
H.B. 556
2023 General Session
Legislative Committee Staff Requirements
by Wilcox, R.
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $(6,300) $0 $(6,300)
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 $0 $14,400 $14,400
Income Tax Fund $0 $(8,100) $(8,100)
Total Expenditures $0 $6,300 $6,300
Enactment of this legislation could cost the Office of Legislative Research and General Counsel
(LRGC) $14,400 ongoing from the General Fund beginning in FY 2024 to staff the Ethnic Studies
Commission, and could reduce costs at the State Board of Education by $8,100 ongoing from the
Income Tax Fund to support the commission. LRGC indicates they can absorb their cost.
FY 2023 FY 2024 FY 2025
Net All Funds $0 $(6,300) $(6,300)
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)
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. H.B. 556
2023/02/27 09:20, Lead Analyst: Steven M. Allred Attorney: MC3
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.