Fiscal Note
H.B. 415 1st Sub. (Buff)
2024 General Session School Fees Amendments by Strong, M. (Millner, Ann.)
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $0 $(35,537,800) $(35,537,800)
State Government UCA 36-12-13(2)(c)
Revenues FY 2024 FY 2025 FY 2026
Public Education Economic $0 $35,537,800 $0
Stabilization Restricted Account Total Revenues $0 $35,537,800 $0
Enactment of this bill assumes $35,537,800 one-time of the total $481,507,900 in Uniform School Funds transferred to the Public Education Economic Stabilization Restricted Account will be used to
fund the appropriations detailed in the bill.
Expenditures FY 2024 FY 2025 FY 2026
Uniform School Fund, One-time $0 $35,537,800 $0
Public Education Economic $0 $35,537,800 $0
Stabilization Restricted Account Total Expenditures $0 $71,075,600 $0
Enactment of this bill appropriates $35,537,800 one-time from the Public Education Economic Stabilization Restricted Account to the State Board of Education in FY 2025 to mitigate local revenue impacts associated with this bill. Provisions in the bill allow the State Board of Education to spend the appropriation over a three-year period beginning in FY2026.
The bill assumes the transfer of $35,537,800 in FY 2025 from the Uniform School Fund to the Public Education Economic Stabilization Restricted Account.
FY 2024 FY 2025 FY 2026
H.B. 415 1st Sub. (Buff)
Net All Funds $0 $(35,537,800) $0
Local Government UCA 36-12-13(2)(c)
Enactment of this legislation could reduce revenue to Local Education Agencies (LEA) by approximately $55 per secondary student for an aggregate loss of $17,768,900 beginning in FY 2025
from a prohibition on the collection of curricular fees as outlined in the bill.
2024/02/28 16:07, Lead Analyst: Rachelle Gunderson Attorney: RB2
Individuals & Businesses UCA 36-12-13(2)(c)
Enactment of this legislation could result in cost savings of approximately $55 per secondary student for those individuals paying curricular fees, beginning in FY 2026.
Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation likely will not change the regulatory burden for Utah residents or
businesses.
Performance Evaluation JR1-4-601
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.
H.B. 415 1st Sub. (Buff)
2024/02/28 16:07, Lead Analyst: Rachelle Gunderson Attorney: RB2


Statutes affected:
Introduced: 53E-1-201, 53E-8-401, 53E-10-305, 53G-5-405, 53G-6-302, 53G-6-303, 53G-6-701, 53G-7-501, 53G-7-502, 53G-7-503, 53G-7-504, 53G-9-803, 53G-10-503, 53-1-118, 53-1-120, 53-7-109, 53-22-104, 53B-6-105.7, 53B-8-114, 53B-10-101, 53F-9-401, 53F-9-403
Enrolled: 53E-1-201, 53E-8-401, 53E-10-305, 53G-5-405, 53G-6-302, 53G-6-303, 53G-6-701, 53G-7-501, 53G-7-502, 53G-7-503, 53G-7-504, 53G-9-803, 53G-10-503, 63I-2-253, 53-1-118, 53-1-120, 53-7-109, 53-22-104, 53B-6-105.7, 53B-8-114, 53B-10-101, 53F-9-401, 53F-9-403
H.B. 415 1st Substitute : 53E-1-201, 53E-8-401, 53E-10-305, 53G-5-405, 53G-6-302, 53G-6-303, 53G-6-701, 53G-7-501, 53G-7-502, 53G-7-503, 53G-7-504, 53G-9-803, 53G-10-503, 53-1-118, 53-1-120, 53-7-109, 53-22-104, 53B-6-105.7, 53B-8-114, 53B-10-101, 53F-9-401, 53F-9-403
H.B. 415 1st Substitute (Not Adopted) Text: 53E-1-201, 53E-8-401, 53E-10-305, 53G-5-405, 53G-6-302, 53G-6-303, 53G-6-701, 53G-7-501, 53G-7-502, 53G-7-503, 53G-7-504, 53G-9-803, 53G-10-503, 53-1-118, 53-1-120, 53-7-109, 53-22-104, 53B-6-105.7, 53B-8-114, 53B-10-101, 53F-9-401, 53F-9-403
Amended: 53E-1-201, 53E-8-401, 53E-10-305, 53G-5-405, 53G-6-302, 53G-6-303, 53G-6-701, 53G-7-501, 53G-7-502, 53G-7-503, 53G-7-504, 53G-9-803, 53G-10-503, 53-1-118, 53-1-120, 53-7-109, 53-22-104, 53B-6-105.7, 53B-8-114, 53B-10-101, 53F-9-401, 53F-9-403