Fiscal Note
H.B. 272 1st Sub. (Buff)
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 $(31,000) $(31,000)
State Government UCA 36-12-13(2)(c)
Revenues FY 2025 FY 2026 FY 2027
Transportation Fund $0 $(941,500) $(941,500)
Transportation Fund, One-time $0 $0 $0
Transportation Investment Fund
of 2005
$0 $(107,500) $(107,500)
Transportation Investment Fund
of 2005, One-time
$0 $0 $0
Dept. of Public Safety Rest. Acct. $0 $8,000 $8,000
Dept. of Public Safety Rest. Acct.,
One-time
$0 $0 $0
Rural Transportation
Infrastructure Fund
$0 $(91,000) $(91,000)
Rural Transportation
Infrastructure Fund, One-time
$0 $0 $0
Motor Vehicle Safety Impact
Restricted Account
$0 $8,500 $8,500
Motor Vehicle Safety Impact
Restricted Account, One-time
$0 $0 $0
Total Revenues $0 $(1,123,500) $(1,123,500)
Enactment of this legislation changes the weight at which a motor vehicle qualifies for certain
registration fees. In total, it is estimated that this change will annually reduce state revenues by
approximately $1.1 million beginning in FY26. Impacts will be as follows: Transportation Investment
Fund ($107,500), Rural Transportation Investment Fund ($91,000), Transportation Fund ($941,500),
Public Safety Restricted Account $8,000, Motor Vehicle Safety Impact Restricted Account $8,500.
Expenditures FY 2025 FY 2026 FY 2027
General Fund, One-time $31,000 $0 $0
Total Expenditures $31,000 $0 $0
Enactment of this legislation could cost the Tax Commission $31,000 one-time from the General Fund
in FY 2025 for system programming and testing.
H.B. 272 1st Sub. (Buff)
2025/02/05 14:09, Lead Analyst: Andrea Wilko, Attorney: Orton, K. FY 2025 FY 2026 FY 2027
Net All Funds $(31,000) $(1,123,500) $(1,123,500)
Local Government UCA 36-12-13(2)(c)
Enactment of this legislation changes the weight at which a motor vehicle qualifies for a statewide
uniform fee in lieu of property tax from 12,000 lbs. and less to vehicles that have GVWR of 14,000
lbs. or less. This change will move approximately 5,000 vehicles from paying the uniform fee of 1.5%
of value to paying the age based fee. It is estimated that this change will reduce local government
revenues from the uniform fee/age based fees by approximately $850,000 each year.
Individuals & Businesses UCA 36-12-13(2)(c)
Enactment of this legislation changes the weight at which a motor vehicle qualifies for certain
registration fees and the weight at which motor vehicles qualifies for a statewide uniform fee in lieu
of property tax. These changes will impact approximately 51,000 vehicles. In total, it is estimated that
this change will reduce the amount paid by owners of these vehicles by approximately $2 million each
year.
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 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 1st Sub. (Buff)
2025/02/05 14:09, Lead Analyst: Andrea Wilko, Attorney: Orton, K.