 | Fiscal NoteH.B. 1002 2025 First Special Session Property Manager Amendments by Walter, R. Neil |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $400 | $400 |
| Revenues | FY2025 | FY2026 | FY2027 |
| Commerce Service Account, One-time | $0 | $(180,400) | $93,000 |
| General Fund, One-time | $0 | $400 | $(93,000) |
| Total Revenues | $0 | $(180,000) | $0 |
Enactment of this legislation could decrease revenue to the Commerce Service Account by $180,400 one-time in FY 2026, but increase revenue to the Commerce Service Account by $93,000 one-time in FY 2027 due to the effective date being moved from FY 2026 to FY 2027. This, combined with the expenditures listed below, could increase the year-end transfer from the Commerce Service Account to the General Fund by $400 one-time in FY 2026, but decrease the year-end transfer by $93,000 one-time in FY 2027.
| Expenditures | FY2025 | FY2026 | FY2027 |
| Commerce Service Account, One-time | $0 | $(180,400) | $93,000 |
| Total Expenditures | $0 | $(180,400) | $93,000 |
Enactment of this legislation could decrease costs to the Commerce Service Account by $180,400 one-time in FY 2026, but increase costs by $93,000 one-time in FY 2027 due to the effective date being moved from FY 2026 to FY 2027.
| FY2025 | FY2026 | FY2027 | |
| Net All Funds (rev-exp) | $0 | $400 | $(93,000) |
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 could result in a small reduction in the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.