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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(151,000)	$13,000	$(138,000)

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

Revenues	FY2026	FY2027	FY2028
Cannabinoid Proceeds Restricted Account (GFR)	$0	$(170,000)	$(170,000)
Cannabinoid Proceeds Restricted Account (GFR), One-time	$0	$14,000	$0
General Fund	$0	$(151,000)	$(151,000)
General Fund, One-time	$0	$13,000	$0
Total Revenues	$0	$(294,000)	$(321,000)

Enactment of this legislation could reduce General Fund revenue by $138,000 on FY 2027 and by $151,000 in FY 2028 from reduced cannabinoid product sales. Enactment of this legislation could also reduce revenue to the Cannabinoid Proceeds Restricted Account by $156,000 in FY 2027 and by $170,000 in FY 2028 from fewer cannabinoid product sales.

Expenditures	FY2026	FY2027	FY2028
Cannabinoid Proceeds Restricted Account (GFR)	$0	$(170,000)	$(170,000)
Cannabinoid Proceeds Restricted Account (GFR), One-time	$0	$14,000	$0
Total Expenditures	$0	$(156,000)	$(170,000)

Enactment of this legislation could reduce expenditures from the Cannabinoid Proceeds Restricted Account by the Department of Agriculture and Food by $156,000 in FY 2027 and by $170,000 in FY 2028 from inspecting and testing fewer cannabinoid products.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$0	$(138,000)	$(151,000)

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 could reduce the amount of sales tax paid by individuals and businesses by $321,000 statewide beginning in FY 2027 from narrowing the definition of products that can be offered for sale by cannabinoid retailers.

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

Enactment of this legislation could result in a small increase 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.

2026/02/09 09:19, Lead Analyst Lacey Moore, Attorney: Williams, C.

Fiscal Note