Fiscal Note
H.B. 272
2025 General Session
Vehicle Assessment Amendments
by Okerlund, Clinton
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $0 $(15,500) $(15,500)
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 $15,500 $0 $0
Total Expenditures $15,500 $0 $0
Enactment of this legislation could cost the Tax Commission $15,500 one-time from the General Fund
in FY 2025 for system programming and testing.
FY 2025 FY 2026 FY 2027
Net All Funds $(15,500) $0 $0
Local Government UCA 36-12-13(2)(c)
Enactment of this legislation could move approximately 5,000 vehicles from paying the uniform fee of
1.5% of value to paying the age-based fee. This change could reduce local government revenues from
the uniform fee/age-based fees by approximately $850,000 annually.
Individuals & Businesses UCA 36-12-13(2)(c)
Enactment of this legislation will move approximately 5,000 vehicles from paying the uniform fee of
1.5% of value to paying the age-based fee which ranges from $10 to $150. In total, it is estimated
that this change will reduce the amount paid by owners of these vehicles by approximately $850,000
annually. The average decrease in fees per vehicle is $171.
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. 272
2025/01/22 16:39, Lead Analyst: Andrea Wilko, Attorney: Orton, K. 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. 272
2025/01/22 16:39, Lead Analyst: Andrea Wilko, Attorney: Orton, K.