Fiscal Note S.B. 62 2025 General Session Spaceport Exploration Committee by Stevenson, Jerry W. General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $0 $(504,400) $(504,400) 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 $400 $504,000 $0 Total Expenditures $400 $504,000 $0 Enactment of this legislation appropriates to the Department of Transportation $500,000 one-time from the General Fund in FY 2026 for studies. Enactment could also cost the Legislature $400 one-time in FY 2025 and $4,000 one-time in FY 2026 for per diem of legislators on the new Spaceport Exploration Committee. FY 2025 FY 2026 FY 2027 Net All Funds $(400) $(504,000) $0 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. S.B. 62 2025/01/10 12:10, Lead Analyst: Rachel Boe, Attorney: Orton, K. 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. 62 2025/01/10 12:10, Lead Analyst: Rachel Boe, Attorney: Orton, K.