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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(1,900)	$(900)	$(2,800)

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

Revenues	FY2026	FY2027	FY2028
New Account Created By Bill (FN Only)	$0	$500,000	$500,000
New Account Created By Bill (FN Only), One-time	$83,300	$0	$0
Total Revenues	$83,300	$500,000	$500,000

Enactment of this legislation could increase revenue to the Department of Commerce by $83,300 one-time in FY 2026 and $500,000 ongoing beginning in FY 2027 from fees.

Expenditures	FY2026	FY2027	FY2028
Commerce Service Account, One-time	$100,000	$0	$0
General Fund	$0	$1,900	$1,900
General Fund, One-time	$900	$0	$0
New Account Created By Bill (FN Only)	$0	$500,000	$500,000
New Account Created By Bill (FN Only), One-time	$83,300	$0	$0
Total Expenditures	$184,200	$501,900	$501,900

Enactment of this legislation could increase General Fund expenditures by $900 one-time in FY 2026 and $1,900 ongoing beginning in FY 2027 for the Department of Government Operations to create and maintain the Department of Commerce Technology, Education, and Training Fund. Enactment of this legislation could increase expenditures for the Department of Commerce by $83,300 one-time in FY 2026 and $500,000 ongoing beginning in FY 2027 from the newly created fund for providing bulk or subscription copies of records filed with the division. Enactment could also cost the Department of Commerce $100,000 one-time in FY 2026 to establish the new process and system, but the Department has indicated that these costs are absorbable.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$(100,900)	$(1,900)	$(1,900)

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 cost individuals an aggregate of $83,300 in FY 2026 and $500,000 annually beginning in FY 2027 in fees. This is not a new fee for consumers, but it will be new revenue for the state.

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.

2026/01/20 11:22, Lead Analyst Alejandra Rodriguez, Attorney: Weenig, A.

Fiscal Note