Utah 2025 2025 Regular Session

Utah House Bill HB0474 Introduced / Fiscal Note

Filed 03/06/2025

                    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.