Fiscal Note
S.B. 311
2025 General Session
Sales and Use Tax Exemptions
Amendments
by Vickers, Evan J.
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $(2,000,000) $0 $(2,000,000)
State Government UCA 36-12-13(2)(c)
Revenues FY 2025 FY 2026 FY 2027
General Fund $0 $(2,000,000) $(2,000,000)
Transportation Investment Fund
of 2005
$0 $(525,000) $(525,000)
Other Financing Sources $0 $(175,000) $(175,000)
Total Revenues $0 $(2,700,000) $(2,700,000)
Enactment of this legislation could reduce state sales tax revenue by $2.7 million annually, split as
follows: $2.0 million General Fund, $525,000 Transportation Investment Fund of 2005, and $175,000
Other Earmarks.
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 $(2,700,000) $(2,700,000)
Local Government UCA 36-12-13(2)(c)
The expansion of the sales and use tax exemption in this bill is estimated to reduce local sales tax
revenues by approximately $1.3 million annually.
Individuals & Businesses UCA 36-12-13(2)(c)
The expansion of the sales and use tax exemption in this bill is estimated to reduce sales tax liability
for purchasers of alternative energy electricity products by approximately $4.0 million annually.
Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation likely will not change the regulatory burden for Utah residents or
businesses.
S.B. 311
2025/02/21 12:26, Lead Analyst: Andrea Wilko, Attorney: Harb, G. 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.
S.B. 311
2025/02/21 12:26, Lead Analyst: Andrea Wilko, Attorney: Harb, G.