 | Fiscal NoteH.B. 318 2026 General Session Agency Fee Amendments by Christofferson, Kay J. |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $(54,600) | $(54,600) |
| Revenues | FY2026 | FY2027 | FY2028 |
| General Fund, One-time | $0 | $(6,400) | $0 |
| Insurance Department Acct (GFR), One-time | $0 | $6,400 | $0 |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation could reduce revenue to the General Fund by $6,400 one-time in FY 2027 due to spending from the Insurance Department Restricted Account, as shown below. Spending from the Insurance Department Restricted Account reduces the year-end transfer to the General Fund.
| Expenditures | FY2026 | FY2027 | FY2028 |
| Transportation Fund, One-time | $0 | $4,900 | $0 |
| Dedicated Credits Revenue, One-time | $0 | $2,000 | $0 |
| General Fund, One-time | $0 | $48,200 | $0 |
| Insurance Department Acct (GFR), One-time | $0 | $6,400 | $0 |
| Total Expenditures | $0 | $61,500 | $0 |
Enactment of this legislation could cost $61,500 one-time in FY 2027 to set up fee tracking systems. Of this amount, $48,200 is from the General Fund, $6,400 is from the Insurance Department Restricted Account, $4,900 is from the Transportation Fund, and $2,000 is from Dedicated Credits. The Department of Environmental Quality indicates it can absorb their $11,400 General Fund cost.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $(61,500) | $0 |
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 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.