Fiscal Note 1st Sub. H.B. 474 (Buff) 2025 General Session Regulatory Oversight Amendments by Wilcox, Ryan D. (McCay, Daniel) General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $(156,700) $(15,000) $(171,700) State Government UCA 36-12-13(2)(c) Revenues FY 2025 FY 2026 FY 2027 General Fund $0 $(156,700) $(156,700) General Fund, One-time $0 $(15,000) $0 Commerce Service Account $0 $156,700 $156,700 Commerce Service Account, One- time $0 $15,000 $0 Total Revenues $0 $0 $0 Enactment of this legislation could decrease the year-end transfer from the Commerce Service Account to the General Fund by $156,700 ongoing beginning in FY 2026 and $15,000 one-time in FY 2026 due to the expenditures listed below. Expenditures FY 2025 FY 2026 FY 2027 Commerce Service Account $0 $156,700 $156,700 Commerce Service Account, One- time $0 $15,000 $0 Total Expenditures $0 $171,700 $156,700 Enactment of this legislation could increase costs to the Commerce Service Account by $156,700 ongoing beginning in FY 2026 and $15,000 one-time in FY 2026 from the Commerce Service Fund for staff support due to the increased number of people petitioning a repeal or modification on the Department of Professional Licensing Review's regulations as well as updating the public-facing website to allow for people to submit petitions FY 2025 FY 2026 FY 2027 Net All Funds $0 $(171,700) $(156,700) Local Government UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct, measurable costs for local governments. 1st Sub. H.B. 474 (Buff) 2025/03/06 08:35, Lead Analyst: Noah Hansen, Attorney: Moore, T. 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 reduction 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. 1st Sub. H.B. 474 (Buff) 2025/03/06 08:35, Lead Analyst: Noah Hansen, Attorney: Moore, T.