Fiscal Note 4th Sub. S.B. 132 (Pumpkin) 2025 General Session Electric Utility Amendments by Sandall, Scott D. (Jack, Colin W.) 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 Public Utility Restricted Account (GFR) $0 $150,000 $150,000 Total Revenues $0 $150,000 $150,000 Enactment of this legislation could increase revenue to the Public Utility Restricted Account by $150,000 ongoing beginning in FY 2026 due to an increase in application fees. Expenditures FY 2025 FY 2026 FY 2027 Public Utility Restricted Account (GFR) $0 $497,500 $497,500 Total Expenditures $0 $497,500 $497,500 Enactment of this legislation could cost the Department of Commerce $285,000 ongoing from the Public Utility Restricted Account beginning in FY 2026 for staff support, contracting, and retaining a consultant while assisting the Public Service Commission. Additionally, enactment of this legislation could cost the Public Service Commission $212,500 ongoing from the Public Utilities Restricted Account beginning in FY 2026 for staff support while processing large load contracts. FY 2025 FY 2026 FY 2027 Net All Funds $0 $(347,500) $(347,500) 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 could cause an estimated 10 large-scale generation providers to pay an average of $15,000 on application fees, which aggregates to $150,000 annually 4th Sub. S.B. 132 (Pumpkin) 2025/03/06 13:07, Lead Analyst: Noah Hansen, Attorney: Elder, S. Regulatory Impact UCA 36-12-13(2)(d) Enactment of this legislation could result in a medium increase in the regulatory burden for Utah residents or businesses. Performance Evaluation JR1-4-601 This bill creates a new program or significantly expands an existing program. For a list of questions lawmakers might ask to improve accountability for the proposed program, please see: https://budget.utah.gov/newprogram 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. 4th Sub. S.B. 132 (Pumpkin) 2025/03/06 13:07, Lead Analyst: Noah Hansen, Attorney: Elder, S.