 | Amended Fiscal Note1st Sub. S.B. 197 (Green) 2026 General Session Transportation Funding and Governance Amendments - As Amended by Harper, Wayne A. |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $(3,900) | $(3,900) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation creates a new state sales tax earmark to the Transit Transportation Investment Fund (TTIF) equal to 5% of the growth in state sales tax revenues deposited into the General Fund subject to a cap. Enactment of this legislation could result in forgone sales tax revenue of up to approximately $8.3 million annually, which would otherwise be General Fund revenue, beginning in FY 2029. This would also increase revenues to the Transit Transportation Investment Fund by $8.3 million ongoing beginning in FY 2029.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund, One-time | $0 | $3,900 | $0 |
| Total Expenditures | $0 | $3,900 | $0 |
Enactment of this legislation could cost the Tax Commission $3,900 one-time in FY 2027 for system updates.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $(3,900) | $0 |
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.