 | Fiscal NoteS.B. 54 2026 General Session Carson Smith Opportunity Scholarship Program Amendments by Fillmore, Lincoln |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $(11,700) | $(11,700) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation likely will not materially impact state revenue.
| Expenditures | FY2026 | FY2027 | FY2028 |
| Income Tax Fund, One-time | $11,700 | $0 | $0 |
| Total Expenditures | $11,700 | $0 | $0 |
Enactment of this legislation could cost the Tax Commission $11,700 one-time from the Income Tax Fund in FY 2026 to update the state's tax system programming, forms, instructions, and testing process.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(11,700) | $0 | $0 |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation could increase individual scholarship recipients' awards by an extra 0.5 times the Weighted Pupil Unit (WPU) value, to 2.5 times the WPU value in total, ongoing beginning in FY 2027. This increase in recipient awards will be $2,338, subject to the WPU value in a given fiscal year. Enactment of this legislation could cost individuals who qualified for the scholarship solely based on sibling eligibility the full scholarship award, a loss of 0.5 times the WPU value, ongoing beginning in FY 2027. Any increased per-recipient award amount may also reduce the total number of scholarship recipients served.
Enactment of this legislation could result in a small increase in the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.