 | Fiscal NoteS.B. 327 2026 General Session Occupational Licensing Amendments by Johnson, John D. |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $55,000 | $0 | $55,000 |
| Revenues | FY2026 | FY2027 | FY2028 |
| General Fund | $0 | $55,000 | $55,000 |
| Total Revenues | $0 | $55,000 | $55,000 |
Enactment of this legislation could reduce licensing revenue by $9,000 ongoing beginning in FY 2027. This, combined with the reduction in expenditures listed below, could increase the year-end transfer from the Commerce Service Account to the General Fund by $55,000 ongoing beginning in FY 2027.
| Expenditures | FY2026 | FY2027 | FY2028 |
| Commerce Service Account | $0 | $(64,000) | $(64,000) |
| Total Expenditures | $0 | $(64,000) | $(64,000) |
Enactment of this legislation could reduce costs to the Department of Commerce from the Commerce Service Account by $64,000 ongoing beginning in FY 2027 due to the removal of four licenses and the associated administration costs.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $119,000 | $119,000 |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation could reduce the number of people paying a $32 to $47 licensing fee by 434, which would aggregate to a reduction of $9,000 in payments.
Enactment of this legislation could result in a medium reduction in the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.