 | Fiscal NoteH.B. 550 2026 General Session Commuter Rail Amendments by Stoddard, Andrew |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $(75,000,000) | $(75,000,000) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation could increase the Department of Transportation's revenues to the Transit Transportation Investment Fund by up to $800,000 per commuter rail vehicle sold.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund, One-time | $0 | $75,000,000 | $175,000,000 |
| Total Expenditures | $0 | $75,000,000 | $175,000,000 |
Enactment of this legislation could increase the Department of Transportation's expenditures by a total of $3,000,000,000 one-time from the General Fund to replace all commuter rail vehicles with hybrid-electric vehicles, broken out as follows: $75,000,000 one-time in FY 2027, $175,000,000 one-time in FY 2028, $450,000,000 one-time in FY 2029, $800,000,000 one-time in FY 2030, $950,000,000 one-time in FY 2031, $550,000,000 one-time in FY 2032. This bill could also increase the Department of Transportation's expenditures from the Transit Transportation Investment Fund by an unknown amount for federal grant repayment to the Federal Transit Administration beginning in FY 2027.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $(75,000,000) | $(175,000,000) |
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 does not create a new program or significantly expand an existing program.