 | Fiscal Note7th Sub. H.B. 337 (Lime) 2026 General Session Nicotine Product Tax Amendments by Clancy, Tyler (Stevenson, Jerry W.) |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $16,981,700 | $(1,048,500) | $15,933,200 |
| Revenues | FY2026 | FY2027 | FY2028 |
| General Fund | $0 | $17,100,000 | $17,100,000 |
| General Fund, One-time | $0 | $(1,000,000) | $0 |
| Total Revenues | $0 | $16,100,000 | $17,100,000 |
Enactment of this legislation is estimated to increase revenues to the General Fund by $16,100,000 in FY 2027 and $17,100,000 in FY 2028.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund | $0 | $118,300 | $118,300 |
| General Fund, One-time | $46,500 | $2,000 | $0 |
| Total Expenditures | $46,500 | $120,300 | $118,300 |
Enactment of this legislation could cost the Tax Commission $46,500 one-time in FY 2026 and $2,000 one-time in FY 2027 from the General Fund for system development and testing. It could also cost the Commission $118,300 ongoing beginning in FY 2027 from the General Fund to review compliance to the provisions of the bill.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(46,500) | $15,979,700 | $16,981,700 |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation could increase taxes paid by individuals on certain tobacco products (cigarettes, little cigars, moist snuff, e-cigarettes, alternative nicotine products, and nontherapeutic nicotine products) by $16,100,000 in FY 2027 and $17,100,000 in FY 2028.
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.