 | Fiscal Note1st Sub. H.B. 57 (Buff) 2026 General Session Motor Vehicle Division Amendments by Christofferson, Kay J. (Thurston, Norman K) |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(1,813,400) | $0 | $(1,813,400) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Transportation Investment Fund of 2005 | $0 | $1,813,400 | $1,813,400 |
| Transportation Fund | $0 | $(810,000) | $(810,000) |
| General Fund | $0 | $(1,813,400) | $(1,813,400) |
| Total Revenues | $0 | $(810,000) | $(810,000) |
To the extent that vehicle owners elect to title vehicles electronically, enactment of this legislation could decrease revenues to the Transportation Fund by $3 per titled vehicle. Aggregate reduction in revenue is estimated to be approximately $810,000 ongoing beginning in FY 2027. Additionally, enactment of this bill could annually increase revenue to the Transportation Investment Fund by $1,813,400 and decrease revenue to the General Fund by the same amount beginning in FY 2027.
| Expenditures | FY2026 | FY2027 | FY2028 |
| Total Expenditures | $0 | $0 | $0 |
Enactment of this legislation likely will not materially impact state expenditures.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $(810,000) | $(810,000) |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation could decrease expenditures for vehicle owners who choose to title vehicles electronically by $3 per titled vehicle. Aggregate savings to vehicle owners is estimated to be approximately $810,000.
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.