Fiscal Note
H.B. 184
2025 General Session
School Trust Land Amendments
by Miller, Tracy
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
School and Inst Trust Fund Mgt
Acct
$0 $167,100 $167,100
School and Inst Trust Fund Mgt
Acct, One-time
$0 $0 $0
Total Expenditures $0 $167,100 $167,100
Enactment of this legislation could cost the Utah State Board of Education $167,100 ongoing from
the School and Institutional Trust Fund Management Account beginning in Fiscal Year 2026 to
provide annual training, conduct compliance reviews, complete online reporting, and ensure the state
superintendent distributes trust funds to schools.
FY 2025 FY 2026 FY 2027
Net All Funds $0 $(167,100) $(167,100)
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. 184
2025/01/21 13:55, Lead Analyst: Kiki Hudson, Attorney: Van Hulten, J. 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. 184
2025/01/21 13:55, Lead Analyst: Kiki Hudson, Attorney: Van Hulten, J.