Fiscal Note 3rd Sub. S.B. 137 (Ivory) 2025 General Session Course Choice Empowerment by Cullimore, Kirk A. (Moss, Jefferson) 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 bill transfers $8,895,800 ongoing from the Statewide Online Education Program to the Home and Private School Students program beginning in FY 2026. This reallocation aligns with the provisions of the bill, which redirects funding from a public education program. USBE has confirmed that this reallocation can also be absorbed within current resources. FY 2025 FY 2026 FY 2027 Net All Funds $0 $0 $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 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 3rd Sub. S.B. 137 (Ivory) 2025/03/06 14:30, Lead Analyst: Rachelle Gunderson, Attorney: Van Hulten, J. 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. 3rd Sub. S.B. 137 (Ivory) 2025/03/06 14:30, Lead Analyst: Rachelle Gunderson, Attorney: Van Hulten, J.