Fiscal Note H.B. 543 2025 General Session Controlled Substance Licensing Amendments by Ward, Raymond P. General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $(642,000) $(36,700) $(678,700) State Government UCA 36-12-13(2)(c) Revenues FY 2025 FY 2026 FY 2027 General Fund $0 $(642,000) $(642,000) General Fund, One-time $0 $(36,700) $0 Commerce Service Account $0 $60,000 $60,000 Commerce Service Account, One- time $0 $36,700 $0 Total Revenues $0 $(582,000) $(582,000) Enactment of this legislation could decrease revenue to the Commerce Service Account by $582,000 ongoing beginning in FY 2026 due to the Controlled Substance License application and renewal fees being changed to a Controlled Substance Certification fee. This, combined with the expenditures listed below, could reduce the year-end transfer from the Commerce Service Account to the General Fund by $642,000 ongoing beginning in FY 2026 and $36,700 one-time in FY 2026. Expenditures FY 2025 FY 2026 FY 2027 Commerce Service Account $0 $60,000 $60,000 Commerce Service Account, One- time $0 $36,700 $0 Total Expenditures $0 $96,700 $60,000 Enactment of this legislation could cost the Commerce Service Account $60,000 ongoing beginning in FY 2026 and $36,700 one-time in FY 2026 for Commerce staff support and technology support to create the new certification and process all the new certifications. FY 2025 FY 2026 FY 2027 Net All Funds $0 $(678,700) $(642,000) Local Government UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct, measurable costs for local governments. H.B. 543 2025/02/27 09:57, Lead Analyst: Noah Hansen, Attorney: Houston, A. Individuals & Businesses UCA 36-12-13(2)(c) Enactment of this legislation could change the Controlled Substance License to a Controlled Substance Certification. This change could cause the revenue from an estimated 1,000 people paying a $100 application fee and an estimated 10,000 people paying a $75 renewal fee per year to change to an estimated 6,700 people paying a $40 certification fee. The aggregate of the total change with all the fees adjust would be a reduction in cost of $582,000 Regulatory Impact UCA 36-12-13(2)(d) Enactment of this legislation could result in a medium 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. H.B. 543 2025/02/27 09:57, Lead Analyst: Noah Hansen, Attorney: Houston, A.