Utah 2025 2025 Regular Session

Utah Senate Bill SB0256 Introduced / Fiscal Note

Filed 03/04/2025

                    Fiscal Note
2nd Sub. S.B. 256 (Salmon)
2025 General Session
General Government and Appropriations
Amendments
by Plumb, Jen
(Thurston, Norman K)
General, Income Tax, and Uniform School Funds	JR4-4-101
Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.) $27,001,800 $(27,000,000)	$1,800
State Government	UCA 36-12-13(2)(c)
Revenues	FY 2025 FY 2026 FY 2027
State Mandated Insurer Payments
Restricted (GFR)
$0 $(27,000,000) $(27,000,000)
State Mandated Insurer Payments
Restricted (GFR), One-time
$0 $27,000,000 $27,000,000
Rural Healthcare Facilities
Account (GFR)
$0 $(218,900) $(218,900)
Rural Healthcare Facilities
Account (GFR), One-time
$(218,900)	$0	$0
Total Revenues	$(218,900) $(218,900) $(218,900)
Enactment of this legislation could decrease State Mandated Insurer Payments Restricted Account
revenue by $27 million ongoing beginning in FY 2030 from the General Fund. Additionally, enactment
could decrease Rural Healthcare Facilities Restricted Account revenues by $218,900 one-time in FY
2025 and ongoing beginning in FY 2026.
Expenditures	FY 2025 FY 2026 FY 2027
General Fund	$0 $(27,001,800) $(27,001,800)
General Fund, One-time	$0 $27,000,000 $27,000,000
State Mandated Insurer Payments
Restricted (GFR)
$0 $(27,000,000) $(27,000,000)
State Mandated Insurer Payments
Restricted (GFR), One-time
$0 $27,000,000 $27,000,000
Insurance Department Acct
(GFR), One-time
$11,100	$0	$0
Rural Healthcare Facilities
Account (GFR)
$0 $(218,900) $(218,900)
Rural Healthcare Facilities
Account (GFR), One-time
$(218,900)	$0	$0
Total Expenditures	$(207,800) $(220,700) $(220,700)
Enactment of this legislation could decrease General Fund expenditures to the State Mandated Insurer
Payments Restricted Account by $27 million ongoing beginning in FY 2030. Enactment could also
2nd Sub. S.B. 256 (Salmon)
2025/03/04 11:44, Lead Analyst: Alejandra Rodriguez, Attorney: Cipriano, M. decrease Insurance Department costs by $27 million ongoing from the State Mandated Insurance
Payments Restricted Account beginning in FY 2030, from the update to the state's essential health
benefits plan. Enactment of this legislation could cost the Insurance Department $11,100 one-time in
FY 2025 from the Insurance Department Account to prepare and file the update of the state's essential
health benefits plan. The department has indicated that it can absorb these costs. The appropriation in
this bill would shift costs previously paid indirectly by the General Fund through the Rural Health Care
Facilities Account of $218,900 one-time in FY 2025 and $218,900 ongoing beginning in FY 2026 to
being paid directly by the General Fund due to closure of the restricted account. Enactment could also
decrease costs for the Division of Finance by $1,800 ongoing beginning in FY 2026 from the closure of
the Rural Health Care Facilities Account.
FY 2025 FY 2026 FY 2027
Net All Funds	$(11,100) $1,800 $1,800
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 increase costs to qualified health plan insurers who would no longer
receive reimbursements from the state for additional required benefits. The aggregate cost to insurers
could be approximately $27 million ongoing beginning in FY 2028.
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.
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.
2nd Sub. S.B. 256 (Salmon)
2025/03/04 11:44, Lead Analyst: Alejandra Rodriguez, Attorney: Cipriano, M.