Bill Summary – FastDemocracy

Fiscal Note
                                   H.B. 502 1st Sub. (Buff)
                                   2024 General Session Critical Infrastructure and Mining by Snider, C. (Snider, Casey.)
General, Income Tax, and Uniform School Funds JR4-4-101
                                               Ongoing One-time Total Net GF/ITF/USF (rev.-exp.)                          $0                        $0                        $0
State Government UCA 36-12-13(2)(c)
Revenues FY 2024             FY 2025                 FY 2026
Total Revenues                                              $0                  $0                      $0
Enactment of this legislation likely will not materially impact state revenue.
Expenditures FY 2024             FY 2025                 FY 2026
Division of Oil, Gas, and Mining                            $0            $500,000                      $0
(GFR)
Total Expenditures                                           $0           $500,000                        $0
Enactment of this legislation could cost the Division of Oil, Gas, and Mining $500,000 one-time in FY
2025 from the Division of Oil, Gas, and Mining Restricted Account for consulting services related to a critical infrastructure materials study.
                                                       FY 2024             FY 2025                 FY 2026
Net All Funds                                                $0          $(500,000)                       $0
Local Government UCA 36-12-13(2)(c)
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Individuals & Businesses UCA 36-12-13(2)(c)
Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah
                                                                                                               H.B. 502 1st Sub. (Buff)
residents and businesses 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.
2024/02/28 10:07, Lead Analyst: Timothy Kevin Bereece Attorney: PO
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. 502 1st Sub. (Buff)
2024/02/28 10:07, Lead Analyst: Timothy Kevin Bereece Attorney: PO
Statutes affected: 
Introduced: 63I-1-217
Enrolled: 63I-1-217
H.B. 502 1st Substitute : 63I-1-217
H.B. 502 1st Substitute (Not Adopted) Text: 63I-1-217