H.B. 559 2023/02/28 11:18, Lead Analyst: Josh Pittman Attorney: GH Fiscal Note H.B. 559 2023 General Session Workforce Development Funding Amendments by Dailey-Provost, J. General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $0 $0 $0 State Government UCA 36-12-13(2)(c) Revenues FY 2023 FY 2024 FY 2025 Special Administrative Expense (GFR) $0 $(4,175,000) $0 New Account Created By Bill (FN Only) $0 $4,175,000 $4,175,000 Total Revenues $0 $0 $4,175,000 Enactment of this legislation likely will not materially impact state revenue, but will replace the Department of Workforce Services'' Special Administrative Expense Account with a special revenue fund known as the Workforce Initiatives Fund. Expenditures FY 2023 FY 2024 FY 2025 Special Administrative Expense (GFR) $0 $(3,270,000) $0 New Account Created By Bill (FN Only) $0 $3,270,000 $4,175,000 Total Expenditures $0 $0 $4,175,000 Enactment of this legislation will result in the transfer of funds within the Department of Workforce Services from the Special Administrative Expense Account to the Workforce Initiatives Fund for the continued expenditure of funds for program costs. FY 2023 FY 2024 FY 2025 Net All Funds $0 $0 $0 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. H.B. 559 2023/02/28 11:18, Lead Analyst: Josh Pittman Attorney: GH 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.