 | Fiscal NoteS.B. 273 2026 General Session License Plate Amendments by McCay, Daniel |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $(54,300) | $(54,300) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Transportation Investment Fund of 2005 | $0 | $92,200 | $92,200 |
| Cultural and Community Engagement Foundation Fund | $0 | $(92,200) | $(92,200) |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation may reduce revenue to the Utah State Historical Society by $92,200 ongoing beginning in FY 2027 due to the $500,000 cap on distributions from license plate proceeds. Enactment of this legislation may increase revenue to the Transportation Investment Fund by $92,200 ongoing beginning in FY 2027 due to the $500,000 cap on distributions from license plate proceeds. For every 1,000 individuals choosing an off-rotation standard license plate, enactment of this legislation may increase fee revenue to the Transportation Fund by $20,000 due to the new required $20 one-time contribution per license. To the extent that sponsoring organizations choose to apply for the creation of new special group license plates, enactment of this legislation may increase dedicated credit revenue to the License Plate Restricted Account by $16,000 per application due to new application fees totaling $20,000.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund, One-time | $18,100 | $36,200 | $0 |
| Total Expenditures | $18,100 | $36,200 | $0 |
Enactment of this legislation may cost the Tax Commission from the General Fund $18,100 one-time in FY 2026 and $36,200 one-time in FY 2027 for system modifications to administer the legislation.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(18,100) | $(36,200) | $0 |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
To the extent that individuals choose an off-rotation standard license plate, enactment of this legislation may increase costs to individuals by $20 per plate due to the new required $20 one-time contribution on such plates. To the extent that sponsoring organizations choose to apply for the creation of new special group license plates, enactment of this legislation may increase the cost of applying for a special group license plate by $16,000 due to new application fees totaling $20,000.
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.