 | Revised Fiscal Note2nd Sub. S.B. 122 (Salmon) 2026 General Session HOA Amendments - As Amended by Harper, Wayne A. (Walter, R. Neil) |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $0 | $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 |
| Transportation Investment Fund of 2005 | $0 | $(22,500,000) | $(22,500,000) |
| Transportation Fund | $0 | $(2,500,000) | $(2,500,000) |
| Total Expenditures | $0 | $(25,000,000) | $(25,000,000) |
Enactment of this legislation could save the Utah Department of Transportation ongoing $2,500,000 from the Transportation Fund and $22,500,000 from the Transportation Investment Fund of 2005 beginning in Fiscal Year 2027 by eliminating the requirement to file separate condemnation cases against individual HOA property owners during right-of-way acquisitions.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $25,000,000 | $25,000,000 |
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 could result in a small reduction in 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