 | Fiscal NoteS.B. 1005 2025 First Special Session Local Option Sales Tax Amendments by Owens, Derrin R. |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $0 | $0 |
| Revenues | FY2025 | FY2026 | FY2027 |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation likely will not materially impact state revenue.
| Expenditures | FY2025 | FY2026 | FY2027 |
| State Tax Commission Administrative Charge Account (GFR), One-time | $0 | $7,800 | $0 |
| Total Expenditures | $0 | $7,800 | $0 |
Enactment of this legislation could cost the Tax Commission $7,800 one-time from the State Tax Commission Administrative Charge Account in Fiscal Year 2026 for programming changes and staff time.
| FY2025 | FY2026 | FY2027 | |
| Net All Funds (rev-exp) | $0 | $(7,800) | $0 |
To the extent that political subdivisions within Washington County choose to impose the emergency services tax, enactment of this legislation may increase revenues to local government. If the new tax is imposed at the full rate of 1% in all areas within Washington County, it could generate approximately $62.9 million in total revenue annually.
To the extent that political subdivisions within Washington County choose to impose the emergency services tax, enactment of this legislation may result in additional sales tax paid on taxable purchases at a rate of up to 1%. If the new tax is imposed at the full rate in all areas within Washington County, it could increase sales tax paid by businesses and individuals by approximately $62.9 million in aggregate annually.
Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.