Fiscal Note HJR005 2025 General Session Proposal to Amend Utah Constitution - Electoral Votes by Kyle, Jason B. 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 General Fund, One-time $0 $0 $1,418,600 Total Expenditures $0 $0 $1,418,600 Enactment of this legislation could cost the Lt. Governor's Office $1,410,000 from the General Fund one-time in FY 2027 in advertising costs to publish the proposed amendment as required in Article XXIII Section 1 of the Utah Constitution, as well as $8,600 from the General Fund one-time in FY 2027 to submit the proposed amendment to voters. FY 2025 FY 2026 FY 2027 Net All Funds $0 $0 $(1,418,600) 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. 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. HJR005 2025/01/23 09:53, Lead Analyst: Laurie Haupt, Attorney: Arthur, A. V. 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. HJR005 2025/01/23 09:53, Lead Analyst: Laurie Haupt, Attorney: Arthur, A. V.