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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(53,100)	$(21,800)	$(74,900)

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

Revenues	FY2025	FY2026	FY2027
General Fund	$0	$(46,800)	$(46,800)
General Fund, One-time	$0	$(9,200)	$0
Insurance Department Acct (GFR)	$0	$46,800	$46,800
Insurance Department Acct (GFR), One-time	$0	$9,200	$0
Total Revenues	$0	$0	$0

Enactment of this legislation could decrease the year-end transfer to the General Fund from the Department of Insurance by $9,200 one-time in FY 2026 and $46,800 ongoing beginning in FY 2026 until the repeal date in FY 2030 due to increased spending from the Insurance Department Restricted Account.

Expenditures	FY2025	FY2026	FY2027
General Fund	$0	$1,800	$1,800
General Fund, One-time	$0	$3,500	$0
Income Tax Fund	$0	$4,500	$4,500
Income Tax Fund, One-time	$0	$9,100	$0
Insurance Department Acct (GFR)	$0	$46,800	$46,800
Insurance Department Acct (GFR), One-time	$0	$9,200	$0
Other Financing Sources	$0	$7,400	$7,400
Other Financing Sources, One-time	$0	$14,900	$0
Total Expenditures	$0	$97,200	$60,500

Enactment of this legislation could cost the Department of Insurance $9,200 one-time in FY 2026 and $46,800 ongoing beginning in FY 2026 until FY 2030 from the Insurance Department Restricted Account for the collection and publication of the reported data. Expenditures from the Department of Insurance Restricted Account affect the year-end transfer to the General Fund. The costs for reporting preauthorization data could increase expenditures for the state employee health plan by $27,500 one-time and $13,700 ongoing in FY 2026 until the repeal date in FY 2030.

	FY2025	FY2026	FY2027
Net All Funds (rev-exp)	$0	$(97,200)	$(60,500)

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 could result in a small increase in 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.

2025/03/05 20:11, Lead Analyst Alejandra Rodriguez, Attorney: Williams, C.

Fiscal Note