General, Income Tax, and Uniform School FundsJR4-4-101

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(9,000)	$0	$(9,000)

State GovernmentUCA 36-12-13(2)(c)

Revenues	FY2025	FY2026	FY2027
Total Revenues	$0	$0	$0

Enactment could generate an unknown amount of revenue to the General Fund from selling or exchanging environmental commodities.

Expenditures	FY2025	FY2026	FY2027
General Fund	$0	$9,000	$9,000
Total Expenditures	$0	$9,000	$9,000

Enactment of this Legislation could cost the Office of Energy Development $9,000 ongoing starting in FY 2026 from the General Fund to manage identification numbers for environmental commodities in the state. The office has indicated they can absorb this cost. This legislation could generate an unknown cost for the Treasurer's Office from selling or exchanging environmental commodities.

	FY2025	FY2026	FY2027
Net All Funds (rev-exp)	$0	$(9,000)	$(9,000)

Local GovernmentUCA 36-12-13(2)(c)

Enactment of this legislation likely will not result in direct, measurable costs for local governments.

Individuals & BusinessesUCA 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 ImpactUCA 36-12-13(2)(d)

Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.

Performance EvaluationJR1-4-601

This bill does not create a new program or significantly expand an existing program.

Notes on Notes

Fiscal notes 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 note is not an appropriation. The Legislature decides appropriations separately.

2025/02/21 14:45, Lead Analyst Lacey Moore, Attorney: Williams, R.

Fiscal Note