Fiscal Note H.B. 307 2025 General Session Wildfire Funding Amendments by Snider, Casey General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $3,600 $(900) $2,700 State Government UCA 36-12-13(2)(c) Revenues FY 2025 FY 2026 FY 2027 New Account Created By Bill (FN Only) $0 $13,440,700 $13,440,700 New Account Created By Bill (FN Only), One-time $0 $150,022,500 $0 Total Revenues $0 $163,463,200 $13,440,700 Enactment of this Legislation could increase revenues to the newly created Utah Wildfire Fund by an estimated average of $13,440,700 starting in FY 2026 from fire suppression reimbursements and settlement proceeds and transfers made by the Division of Finance. This Legislation appropriates $150,022,500 one-time in FY 2026 from the Wildfire Suppression Fund, Wildland-urban Interface Prevention, Preparedness, and Mitigation Fund, or the final balance of each of these three accounts, into the Utah Wildfire Fund. Expenditures FY 2025 FY 2026 FY 2027 General Fund $0 $(3,600) $(3,600) General Fund, One-time $900 $0 $0 Wildland Fire Preparedness Grants Fund, One-time $0 $140,200 $0 Wildland-Urban Interface Prevention, Preparedness, and Mitigation Fund, One-time $0 $3,549,800 $0 Wildland Fire Suppression Fund, One-time $0 $146,332,500 $0 New Account Created By Bill (FN Only) $0 $763,000 $763,000 New Account Created By Bill (FN Only), One-time $0 $0 $0 Total Expenditures $900 $150,781,900 $759,400 Enactment of this Legislation could increase General Fund expenditures by $900 one-time in FY 2025 and decrease costs by ($3,600) ongoing for the Department of Government Operations starting in FY 2026 from the General Fund to close the Wildfire Suppression Fund, Wildland-urban Interface H.B. 307 2025/01/28 10:08, Lead Analyst: Lacey Moore, Attorney: Owen, P. Prevention, Preparedness, and Mitigation Fund, and Wildland Fire Preparedness Grants Fund, and create the Utah Wildfire Fund. This legislation transfers $150,022,500 in total one-time in FY 2026, or the final balance of each of the funds, from the repealed accounts into the Utah Wildfire Fund. Lastly, enactment of this Legislation could increase expenditures from the newly created Utah Wildfire Fund by $763,000 ongoing for rehabilitation efforts as part of Wildfire costs. FY 2025 FY 2026 FY 2027 Net All Funds $(900) $12,681,300 $12,681,300 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 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. 307 2025/01/28 10:08, Lead Analyst: Lacey Moore, Attorney: Owen, P.