Fiscal Notes for SB0066




		Fiscal Note SB0066 - Alcoholic Beverage Enforcement and Treatment

State Impact:
Passage of this bill could increase beer tax collections by $2,308,000 in FY 2004 and by $2,825,000 in FY 2005. The Tax Commission would require an annaul appropriation of $3,200 from "Fixed Collections" to implement the provisions of the bill. The bill requires that $3,044,000 of beer tax collections be deposited in the newly created Alcoholic Beverage Enforcement and Treatment Restricted Account in FY 2004 ($3,479,000 in FY 2005). The bill shifts the required appropriation of $3,044,000 in FY 2004 ($3,479,000 in FY 2005) from the General Fund and will now be appropriated from the new Restricted Account.

Funding Source	FY 04 Approp.	FY 05 Approp.	FY 04 Revenue	FY 05 Revenue
General Fund	($3,044,000)	($3,479,000)	($736,000)	($654,000)
Fixed Collections	$3,200	$3,200	$0	$0
Restricted Funds	$3,044,000	$3,479,000	$3,044,000	$3,479,000
TOTAL	$3,200	$3,200	$2,308,000	$2,825,000

Individual and Business Impact:
Beer tax will increase by $3 a barrel beginning in FY 2004.

Office of the Legislative Fiscal Analyst
2/6/2003 10:32:07 AM

Comments/Suggestions | Legislature Home Page | State of Utah Home Page

Last Revised: 30 August, 2000

Utah State Legislature

Search