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

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

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

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

Enactment of this legislation would exempt certain sales of Olympic tickets and ticket packages for the 2034 Olympic and Paralympic Winter Games from sales and use tax. This exemption may forgo total state sales tax revenues to the General Fund and earmarks by $58 million; however, the actual impact will depend on the volume and timing of the exempted transactions.

Expenditures	FY2026	FY2027	FY2028
Total Expenditures	$0	$0	$0

Enactment of this legislation likely will not materially impact state expenditures.

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

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

This bill exempts certain sales of Olympic tickets and ticket packages for the 2034 Olympic and Paralympic Winter Games from sales and use tax. This exemption may forgo total local sales tax revenues by $30 million in aggregate; however, the actual impact will depend on the volume and timing of the exempted transactions.

Individuals & BusinessesUCA 36-12-13(2)(c)

This bill exempts certain sales of Olympic tickets and ticket packages for the 2034 Olympic and Paralympic Winter Games from sales and use tax. Based on publicly available estimates, this exemption may decrease total sales tax liability for consumers by $88 million; however, the actual impact will depend on the volume and timing of the exempted transactions.

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.

2026/02/17 09:30, Lead Analyst Andrea Wilko, Attorney: Curtis, M.

Fiscal Note