Fiscal Note 1st Sub. H.B. 156 (Buff) 2025 General Session Education Board Amendments by Thurston, Norman K General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $0 $(2,900) $(2,900) 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 Income Tax Fund, One-time $0 $2,900 $0 Total Expenditures $0 $2,900 $0 Enactment of this bill may cost the State Board of Education $2,900 one-time from the Income Tax Fund in fiscal year 2026 to implement the provisions outlined in the bill. FY 2025 FY 2026 FY 2027 Net All Funds $0 $(2,900) $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. 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. 1st Sub. H.B. 156 (Buff) 2025/02/21 16:12, Lead Analyst: Benjamin Leishman, Attorney: Van Hulten, J. 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. 1st Sub. H.B. 156 (Buff) 2025/02/21 16:12, Lead Analyst: Benjamin Leishman, Attorney: Van Hulten, J.