 | Fiscal NoteH.B. 529 2026 General Session Secretary of State Amendments by Shepherd, Lisa |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(362,400) | $362,400 | $0 |
| Revenues | FY2026 | FY2027 | FY2028 |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation likely will not materially impact state revenue.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund | $0 | $362,400 | $362,400 |
| General Fund, One-time | $0 | $(362,400) | $(290,400) |
| Total Expenditures | $0 | $0 | $72,000 |
Enactment of this legislation would transfer most responsibilities from the Lt. Governor to a newly created Secretary of State. Most funding currently associated with these responsibilities in the Lt. Governor’s Office would be transferred to the new office, resulting in the following additional costs from the General Fund beginning in FY 2029: $362,400 ongoing for the Secretary of State’s compensation, as well as $20,000 one-time to the Secretary of State and $52,000 one-time to the Lt. Governor for furniture, office equipment, and supplies.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $0 | $(72,000) |
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 creates a new program or significantly expands an existing program.
For a list of questions lawmakers might ask to improve accountability for the proposed
program, please see:
https://budget.utah.gov/newprogram