Fiscal Note H.B. 362 1st Sub. (Buff) 2025 General Session Homeless Rights Amendments by Miller, Grant Amjad General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $(114,800) $0 $(114,800) State Government UCA 36-12-13(2)(c) Revenues FY 2025 FY 2026 FY 2027 Dedicated Credits Revenue $0 $250,000 $250,000 Dedicated Credits Revenue, One- time $0 $0 $0 Total Revenues $0 $250,000 $250,000 Enactment of this bill could increase dedicated credits revenue to the Risk Management Internal Service Fund by $250,000 ongoing beginning in fiscal year 2026. Expenditures FY 2025 FY 2026 FY 2027 General Fund $0 $32,200 $32,200 General Fund, One-time $0 $0 $0 Income Tax Fund $0 $82,600 $82,600 Income Tax Fund, One-time $0 $0 $0 Dedicated Credits Revenue $0 $250,000 $250,000 Dedicated Credits Revenue, One- time $0 $0 $0 Other Financing Sources $0 $135,200 $135,200 Other Financing Sources, One- time $0 $0 $0 Total Expenditures $0 $500,000 $500,000 Enactment of this legislation could cost Risk Management $250,000 ongoing from Dedicated Credits beginning in fiscal year 2026 based on creation of a new cause of action for homeless individuals. These rates would be paid by various state agencies from sources including $32,200 from the General Fund and $82,600 from the Income Tax Fund in FY 2026. FY 2025 FY 2026 FY 2027 Net All Funds $0 $(250,000) $(250,000) H.B. 362 1st Sub. (Buff) 2025/02/07 09:19, Lead Analyst: Josh Pittman, Attorney: Bailey, R. 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. 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. 362 1st Sub. (Buff) 2025/02/07 09:19, Lead Analyst: Josh Pittman, Attorney: Bailey, R.