 | Fiscal Note1st Sub. S.B. 273 (Green) 2026 General Session License Plate Amendments by McCay, Daniel |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $0 | $0 |
| 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. 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 |
| License Plate Restricted Account (GFR), One-time | $38,800 | $0 | $0 |
| Total Expenditures | $38,800 | $0 | $0 |
Enactment of this legislation may cost the Tax Commission $38,800 from the License Plate Restricted Account one-time in FY 2026 system modifications to administer the legislation.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(38,800) | $0 | $0 |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
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.