Fiscal Note
H.B. 54 1st Sub. (Buff)
2025 General Session
Hemp Amendments
by Dailey-Provost, Jennifer
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 2025 FY 2026 FY 2027
Total Revenues $0 $0 $0
Enactment of this legislation likely will not materially impact state revenue.
Expenditures FY 2025 FY 2026 FY 2027
General Fund, One-time $0 $0 $0
Cannabinoid Proceeds Restricted
Account (GFR)
$0 $(500) $(500)
Cannabinoid Proceeds Restricted
Account (GFR), One-time
$0 $3,600 $0
Total Expenditures $0 $3,100 $(500)
Enactment of this Legislation could reduce expenditures by the Department of Agriculture and Food
by $500 ongoing from the Cannabinoid Proceeds Restricted Account beginning in FY 2026 from an
estimated reduction of 11 hours annually spent processing unique producer registration types. This
Legislation could also cost the department $3,600 one-time in FY 2026 for rule making costs, which
the agency can absorb.
FY 2025 FY 2026 FY 2027
Net All Funds $0 $(3,100) $500
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. 54 1st Sub. (Buff)
2025/01/26 22:11, Lead Analyst: Lacey Moore, Attorney: Williams, C. Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation could result in a small 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 explanations 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 explanation is not an appropriation. The
Legislature decides appropriations separately.
H.B. 54 1st Sub. (Buff)
2025/01/26 22:11, Lead Analyst: Lacey Moore, Attorney: Williams, C.