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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$130,000	$0	$130,000

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

Revenues	FY2026	FY2027	FY2028
Commerce Service Account	$0	$(130,000)	$(130,000)
General Fund	$0	$130,000	$130,000
Total Revenues	$0	$0	$0

Enactment of this legislation could increase the year-end transfer from the Commerce Service Fund to the General Fund by $130,000 ongoing beginning in FY 2027.

Expenditures	FY2026	FY2027	FY2028
Commerce Service Account	$0	$(130,000)	$(130,000)
Total Expenditures	$0	$(130,000)	$(130,000)

Enactment of this legislation could decrease expenditures for the Department of Commerce by $130,000 ongoing beginning in FY 2027 from the Commerce Service Account due to the decreased regulatory responsibilities. Spending from the Commerce Service Account impacts year-end transfers to the General Fund.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$0	$130,000	$130,000

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 could result in a medium reduction in 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.

2026/03/04 16:48, Lead Analyst Alejandra Rodriguez, Attorney: Elder, S.

Fiscal Note