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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$0	$(100,000)	$(100,000)

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, One-time	$0	$100,000	$0
Total Expenditures	$0	$100,000	$0

Enactment of this legislation could increase costs to the State Treasurer by $100,000 one-time from the General Fund in FY 2027 to contract with a third party to perform the economic study.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$0	$(100,000)	$0

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

Enactment of this legislation could cause cities of the first or second class to pay more in loan interest due to the removal of the limitation on loan interest rates, though the aggregate impact is unknown.

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 could result in a small reduction in 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.

2026/02/13 10:54, Lead Analyst Noah Hansen, Attorney: Gilbert, C.

Fiscal Note