Fiscal Note S.B. 50 2025 General Session Limited Purpose Local Government Entities Board of Trustees Compensation Amendments by Musselman, Calvin R. 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) Enactment of this legislation could cost local government entities an unknown ongoing amount, beginning in Fiscal Year 2026, due to the possibility of members of the boards of trustees of limited purpose local government entities receiving increased compensation. Costs per local government entity and in aggregate are 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. S.B. 50 2025/01/16 12:16, Lead Analyst: Kiki Hudson, Attorney: Oakey-Frost, R. 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. S.B. 50 2025/01/16 12:16, Lead Analyst: Kiki Hudson, Attorney: Oakey-Frost, R.