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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(130,300)	$(59,400)	$(189,700)

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
General Fund	$0	$130,300	$130,300
General Fund, One-time	$59,400	$0	$0
Total Expenditures	$59,400	$130,300	$130,300

Enactment of this legislation may cost the Tax Commission from the General Fund $59,400 one-time in FY 2026 for system modifications, and $130,300 ongoing beginning in FY 2027 to administer state-wide distribution of Large Load Customer property tax revenue.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$(59,400)	$(130,300)	$(130,300)

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

Enactment of this legislation may shift up to $17 million of property tax revenue from taxing entities which contain large load customers to taxing entities which do not.

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

Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.

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.

2026/02/05 08:02, Lead Analyst Jared Gibbs, Attorney: Arthur, A. V.

Fiscal Note