 | Fiscal Note4th Sub. S.B. 121 (Pumpkin) 2025 General Session Property Loss Amendments by Plumb, Jen |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(1,800) | $(150,800) | $(152,600) |
| Revenues | FY2025 | FY2026 | FY2027 |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation could result in an unknown amount of donations to the Property Loss Related to Homelessness Compensation Fund in FY 2026.
| Expenditures | FY2025 | FY2026 | FY2027 |
| General Fund | $0 | $1,800 | $1,800 |
| General Fund, One-time | $800 | $150,000 | $0 |
| Total Expenditures | $800 | $151,800 | $1,800 |
Enactment of this bill appropriates $150,000 one-time from the General Fund to the newly created Property Loss Related to Homelessness Compensation Enterprise Fund in FY 2026. Enactment could cost the Department of Workforce Services (DWS) $150,000 one-time from the newly created Property Loss Related to Homelessness Compensation Enterprise Fund in FY 2026, of which $6,000 would be for personnel to administer the program and $144,000 would be used for grants. Enactment of this legislation could cost the Division of Finance from the General Fund $800 one-time in FY 2025 and $1,800 ongoing in FY 2026 to create and maintain the fund.
| FY2025 | FY2026 | FY2027 | |
| Net All Funds (rev-exp) | $(800) | $(151,800) | $(1,800) |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.
Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.
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