Fiscal Note
1st Sub. H.B. 503 (Buff)
2025 General Session
Medical Malpractice Modifications
by Hall, Katy
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $(61,500) $(10,000) $(71,500)
State Government UCA 36-12-13(2)(c)
Revenues FY 2025 FY 2026 FY 2027
General Fund $0 $(61,500) $(61,500)
General Fund, One-time $0 $(10,000) $0
Commerce Service Account $0 $61,500 $61,500
Commerce Service Account, One-
time
$0 $10,000 $0
Total Revenues $0 $0 $0
Enactment of this legislation could reduce the year-end transfer from the Commerce Service Account
to the General Fund by $61,500 ongoing beginning in FY 2026 and $10,000 one-time in FY 2026.
Expenditures FY 2025 FY 2026 FY 2027
Commerce Service Account $0 $61,500 $61,500
Commerce Service Account, One-
time
$0 $10,000 $0
Total Expenditures $0 $71,500 $61,500
Enactment of this legislation could cost the Commerce Service Fund $61,500 ongoing beginning in FY
2026 and $10,000 one-time in FY 2026 for technology support and Commerce staff support while they
gather the data required in the bill and begin to report on the data.
FY 2025 FY 2026 FY 2027
Net All Funds $0 $(71,500) $(61,500)
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.
1st Sub. H.B. 503 (Buff)
2025/03/01 16:18, Lead Analyst: Noah Hansen, Attorney: Gunn, G. 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.
1st Sub. H.B. 503 (Buff)
2025/03/01 16:18, Lead Analyst: Noah Hansen, Attorney: Gunn, G.