 | Fiscal Note2nd Sub. H.B. 453 (Gray) 2026 General Session Unspent Funding Amendments by Matthews, Ashlee |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(2,800) | $(1,900) | $(4,700) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Total Revenues | $0 | $0 | $0 |
To the extent that the state lapses spending authority to the General Fund or has excess account balance transfers at the end of a fiscal year, enactment of this legislation could forgo future General Fund budget surpluses by 50% of the amount that would otherwise have lapsed and been transferred, up to a maximum of $5.0 million. Had provisions of this legislation been in effect in FY 2025, it would have resulted in $5.0 million shifting from the General Fund to the new Unspent Balances Restricted Account.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund | $0 | $2,800 | $2,800 |
| General Fund, One-time | $1,900 | $0 | $0 |
| Total Expenditures | $1,900 | $2,800 | $2,800 |
Enactment of this legislation could cost the Division of Finance $1,900 one-time from the General Fund in FY 2026 to set up the new account, and $2,800 ongoing from the General Fund beginning in FY 2027 to maintain the new account and perform the end-of-year calculations.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(1,900) | $(2,800) | $(2,800) |
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.