Representatives Seal

Fiscal Note

S.B. 324

2026 General Session

Outcome-based Investment Grant Pilot Program

by Musselman, Calvin R.

Senate Seal
General, Income Tax, and Uniform School FundsJR4-4-101
OngoingOne-timeTotal
Net GF/ITF/USF (rev.-exp.) $0 $(10,000,000) $(10,000,000)


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 $10,000,000 $0
Total Expenditures $0 $10,000,000 $0

Enactment of this bill could cost state agencies around $10 million from the General or Income Tax Fund one-time in fiscal year 2027 for outcome-based grant projects. Up to $500,000 of that total can be used for program evaluation.


FY2026 FY2027 FY2028
Net All Funds (rev-exp) $0 $(10,000,000) $0
Local GovernmentUCA 36-12-13(2)(c)

Enactment of this legislation likely will not result in direct, measurable costs for local governments.

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 creates a new program or significantly expands an existing program.
For a list of questions lawmakers might ask to improve accountability for the proposed program, please see: https://budget.utah.gov/newprogram