Representatives Seal

Fiscal Note

2nd Sub. S.B. 225 (Salmon)

2026 General Session

Public Corporation Amendments

by Stevenson, Jerry W.

Senate Seal
General, Income Tax, and Uniform School FundsJR4-4-101
OngoingOne-timeTotal
Net GF/ITF/USF (rev.-exp.) $0 $0 $0


State GovernmentUCA 36-12-13(2)(c)
Revenues FY2026 FY2027 FY2028
Total Revenues $0 $0 $0

Enactment of this legislation likely will not materially impact state revenue.


Expenditures FY2026 FY2027 FY2028
Total Expenditures $0 $0 $0

Enactment of this legislation likely will not materially impact state expenditures.


FY2026 FY2027 FY2028
Net All Funds (rev-exp) $0 $0 $0
Local GovernmentUCA 36-12-13(2)(c)

Enactment of this legislation could cost the Inland Port Authority up to $1,000 one-time in FY 2026 for personnel services to draft boundary adjustment policies, which the agency can absorb. To the extent a rate lower than 75% of general differential is agreed to, enactment of this legislation could decrease general differential property tax revenue to the Inland Port Authority and increase property tax revenue to local governments as new growth from project development; the aggregate impact is unknown.

Individuals & BusinessesUCA 36-12-13(2)(c)

To the extent that a business is locating to Inland Port Authority jurisdictional land, enactment of this legislation could increase property tax differential for business recruitment incentive revenue of an unknown amount to a business that will annually consume more than 200,000 gallons of potable water per day, if that level of consumption is allowed by local ordinances, policies, regulations and agreements.

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.