Fiscal Note
S.B. 224 1st Sub. (Green)
2024 General Session Energy Independence Amendments by Sandall, S. (Sandall, Scott.)
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
Public Utility Restricted Account $0 $50,000 $0
(GFR)
Total Revenues $0 $50,000 $0
Enactment of this legislation could increase revenues to the Public Utility Regulatory Restricted Account by $50,000 one-time in FY 2025.
Expenditures FY 2024 FY 2025 FY 2026
Public Utility Restricted Account $0 $100,000 $0
(GFR)
Total Expenditures $0 $100,000 $0
Enactment of this legislation could cost the Department of Commerce approximately $100,000 one-
time in FY 2025 from the Public Utilities Regulatory Restricted Account for consulting fees.
FY 2024 FY 2025 FY 2026
Net All Funds $0 $(50,000) $0
Local Government UCA 36-12-13(2)(c)
Enactment of this legislation likely will not result in direct, measurable costs for local governments. S.B. 224 1st Sub. (Green)
Individuals & Businesses UCA 36-12-13(2)(c)
To the extent that electricity providers create a fire fund as authorized in this legislation, enactment could lead to increased electric bills for Utah customers through a surcharge. Funding the fire fund at
half of the amount authorized in the legislation could generate $50,000,000 annually across the entire customer base of approximately 800,000 accounts, for an estimated per customer impact of $5.20 per month.
2024/02/26 14:06, Lead Analyst: Nate Osborne Attorney: SE1
Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation could result in a small increase in 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.
S.B. 224 1st Sub. (Green)
2024/02/26 14:06, Lead Analyst: Nate Osborne Attorney: SE1


Statutes affected:
Introduced: 54-17-102, 54-17-201, 54-17-302, 54-17-303, 54-17-402, 54-17-403
Amended: 54-17-102, 54-17-201, 54-17-302, 54-17-303, 54-17-402, 54-17-403
Enrolled: 54-17-102, 54-17-201, 54-17-302, 54-17-303, 54-17-402, 54-17-403
S.B. 224 1st Substitute : 54-17-102, 54-17-201, 54-17-302, 54-17-303, 54-17-402, 54-17-403
S.B. 224 2nd Substitute (Not Adopted) Text: 54-17-102, 54-17-201, 54-17-302, 54-17-303, 54-17-402, 54-17-403