Fiscal Note
H.B. 427
2025 General Session
Used Electric Vehicle Battery Disclosure
Amendments
by Owens, Doug
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $(30,000) $(5,000) $(35,000)
State Government UCA 36-12-13(2)(c)
Revenues FY 2025 FY 2026 FY 2027
General Fund $0 $(30,000) $(30,000)
General Fund, One-time $0 $(5,000) $0
Commerce Service Account $0 $30,000 $30,000
Commerce Service Account, One-
time
$0 $5,000 $0
Consumer Protection Education &
Training Fund
$0 $32,500 $32,500
Consumer Protection Education &
Training Fund, One-time
$0 $0 $0
Total Revenues $0 $32,500 $32,500
Enactment of this legislation could increase revenue to the Consumer Protection Education & Training
Fund by $32,500 ongoing beginning in FY 2026 due to the citations collected. Additionally, enactment
of this legislation could reduce the year-end transfer from the Commerce Service Account to the
General Fund by $30,000 ongoing beginning in FY 2026 and $5,000 one-time in FY 2026 due to the
expenditures listed below.
Expenditures FY 2025 FY 2026 FY 2027
Commerce Service Account $0 $30,000 $30,000
Commerce Service Account, One-
time
$0 $5,000 $0
Total Expenditures $0 $35,000 $30,000
Enactment of this legislation could cost the Commerce Service Account $30,000 ongoing beginning in
FY 2026 and $5,000 one-time in FY 2026 for Commerce staff support and system updates.
FY 2025 FY 2026 FY 2027
Net All Funds $0 $(2,500) $2,500
H.B. 427
2025/02/07 15:58, Lead Analyst: Noah Hansen, Attorney: Orton, K. 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 could cause an estimated 13 people or dealers to pay an estimated
$2,500 citation, which aggregates out to $32,500
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. 427
2025/02/07 15:58, Lead Analyst: Noah Hansen, Attorney: Orton, K.