Utah 2025 2025 Regular Session

Utah House Bill HB0550 Introduced / Fiscal Note

Filed 03/07/2025

                    Fiscal Note
1st Sub. H.B. 550 (Buff)
2025 General Session
Building Permit Fee Prohibition
Amendments
by Peterson, Thomas W.
(Hinkins, David P.)
General, Income Tax, and Uniform School Funds	JR4-4-101
Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$0	$0	$0
State Government	UCA 36-12-13(2)(c)
Revenues	FY 2025 FY 2026 FY 2027
Total Revenues	$0	$0	$0
Enactment of this legislation likely will not materially impact state revenue.
Expenditures	FY 2025 FY 2026 FY 2027
Total Expenditures	$0	$0	$0
Enactment of this legislation likely will not materially impact state expenditures.
FY 2025 FY 2026 FY 2027
Net All Funds	$0	$0	$0
Local Government	UCA 36-12-13(2)(c)
To the extent that a water conservancy district hires a qualified inspector to inspect new infrastructure
projects, building permit fee revenue for a municipality or county as well as the building permit costs
for a water conservancy district could be reduced for inspection services no longer provided. As fee
structures and the size and scope of Infrastructure projects vary, so could the amount of reduced
building permit fee revenue collected for each project; aggregate amount unknown.
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 likely will not change 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.
1st Sub. H.B. 550 (Buff)
2025/03/07 12:45, Lead Analyst: Tim Bereece, Attorney: Nelson, P. 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. 550 (Buff)
2025/03/07 12:45, Lead Analyst: Tim Bereece, Attorney: Nelson, P.