 | Fiscal Note2nd Sub. H.B. 276 (Gray) 2026 General Session Artificial Intelligence Modifications by Defay, Ariel (Cullimore, Kirk A.) |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(114,000) | $(14,300) | $(128,300) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Dedicated Credits Revenue | $0 | $52,500 | $52,500 |
| Commerce Service Account | $0 | $114,000 | $114,000 |
| Commerce Service Account, One-time | $0 | $11,800 | $0 |
| General Fund | $0 | $(114,000) | $(114,000) |
| General Fund, One-time | $0 | $(11,800) | $0 |
| Total Revenues | $0 | $52,500 | $52,500 |
Due to the expenditures listed below, enactment of this legislation may reduce the year-end transfer from the Commerce Service Account to the General Fund by $11,800 one-time in FY 2027 and $114,000 ongoing beginning in FY 2027. To the extent that individuals and/or businesses are found liable for violations under this bill, enactment of this legislation may increase fine revenue to the Consumer Protection Education and Training Funds by an unknown amount ongoing beginning in FY 2027. Enactment of this legislation could also increase revenue to the Attorney General's Office from Dedicated Credits by $52,500 annually.
| Expenditures | FY2026 | FY2027 | FY2028 |
| Dedicated Credits Revenue | $0 | $52,500 | $52,500 |
| Commerce Service Account | $0 | $114,000 | $114,000 |
| Commerce Service Account, One-time | $0 | $11,800 | $0 |
| General Fund, One-time | $2,500 | $0 | $0 |
| Total Expenditures | $2,500 | $178,300 | $166,500 |
Enactment of this legislation may cost the Division of Consumer Protection from the Commerce Service Account $11,800 one-time in FY 2027 and $114,000 ongoing beginning in FY 2027 for .5 FTE to administer and enforce the requirements of the legislation and to pay ISF costs to the Attorney General. Enactment of this legislation may cost the Attorney General $52,200 of dedicated credits ongoing beginning in FY 2027 for .25 FTE to support the Division of Consumer Protection's oversight and enforcement responsibilities. Enactment of this legislation may cost the Department of Government Operations $2,500 from the General Fund one time in FY 2026 to write rules. The agency has indicated this cost can be absorbed
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(2,500) | $(125,800) | $(114,000) |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
To the extent that individuals and/or businesses are found liable for violations under this bill, enactment of this legislation may increase fine paid by individuals and/or business ongoing beginning in FY 2027.
Enactment of this legislation could result in a medium increase in the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.