General, Income Tax, and Uniform School FundsJR4-4-101

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$0	$(3,100)	$(3,100)

State GovernmentUCA 36-12-13(2)(c)

Revenues	FY2026	FY2027	FY2028
Total Revenues	$0	$0	$0

Enactment of this legislation likely will not materially impact state revenue.

Expenditures	FY2026	FY2027	FY2028
Income Tax Fund, One-time	$3,100	$0	$0
Total Expenditures	$3,100	$0	$0

Enactment of this legislation could cost the State Board of Education $3,100 one-time in FY 2026 from the Income Tax Fund for updates to the school construction manual.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$(3,100)	$0	$0

Local GovernmentUCA 36-12-13(2)(c)

To the extent that school districts could no longer issue lease revenue bonds for school construction activities, enactment of this legislation could increase bond authorization costs by an unknown amount to a school school districts for notice, hearing, and election costs associated with general obligation bonds.

Individuals & BusinessesUCA 36-12-13(2)(c)

Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.

Regulatory ImpactUCA 36-12-13(2)(d)

Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.

Performance EvaluationJR1-4-601

This bill does not create a new program or significantly expand an existing program.

Notes on Notes

Fiscal notes estimate the direct costs or revenues of enacting a bill. The Legislature uses them to balance the budget. They do not measure a bill's benefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal note is not an appropriation. The Legislature decides appropriations separately.

2026/02/18 10:29, Lead Analyst Tim Bereece, Attorney: Schaefermeyer, S.

Fiscal Note