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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$0	$(2,000,000)	$(2,000,000)

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

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

To the extent that the Huntsman Mental Health Institute is able to secure gift, grants, or donation, there could be an impact to State Funds. The aggregate impact could amount to $2,000,000 or less.

Expenditures	FY2026	FY2027	FY2028
Income Tax Fund, One-time	$0	$2,000,000	$0
Total Expenditures	$0	$2,000,000	$0

To the extent that the Huntsman Mental Health Institute does not secure gifts, grants, or donations, enactment of this legislation could cost the University of Utah $2,000,000 one-time from the Income Tax Fund in FY 2027 to conduct the a clinical study on the safety and feasibility of psychedelic assisted therapy for veterans with treatment-resistant post-traumatic stress disorder.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$0	$(2,000,000)	$0

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

Enactment of this legislation likely will not result in direct, measurable costs for local governments.

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.

2026/02/10 20:10, Lead Analyst Josh Pittman, Attorney: Shewan, A.

Fiscal Note