S.B. 211 1st Sub. (Green) 2016/02/29 17:35, Lead Analyst: Thomas E. Young Attorney: TRV Fiscal Note S.B. 211 1st Sub. (Green) 2016 General Session Private Use of Drones by Stephenson, H. (Stephenson, Howard.) General, Education, and Uniform School Funds JR4-5-101 Ongoing One-time Total Net GF/EF/USF (rev.-exp.) $(500) $0 $(500) State Government UCA 36-12-13(2)(b) This bill may cost the Insurance Department $500 annually to review drone forms. Expenditures from the Insurance Department Restricted Account impact year-end transfers to the General Fund. Revenues FY 2016 FY 2017 FY 2018 General Fund $0 $(500) $(500) General Fund Restricted $0 $500 $500 Total Revenues $0 $0 $0 This bill may cost the Department of Insurance $500 annually from the Insurance Department Restricted Fund to review 30 forms every year. Expenditures from the Insurance Department Restricted Account impact year-end transfers to the General Fund. Expenditures FY 2016 FY 2017 FY 2018 General Fund Restricted $0 $500 $500 Total Expenditures $0 $500 $500 Net All Funds $0 $(500) $(500) 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)(d) Businesses operating drones may incur costs associated with drone insurance. Costs associated with drone insurance is unknown, varying depending upon coverage limits, probability of incidence, and other factors. Performance Note JR4-2-404 No performance note required for this bill

Fiscal Note S.B. 211 1st Sub. (Green) 2016 General Session ...le.utah.gov/lfa/fnotes/2016/SB0211S01.fn.pdf · General, Education, and Uniform School Funds JR4-5-101 Ongoing One-time

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S.B

. 211 1st Su

b. (G

reen)

2016/02/29 17:35, Lead Analyst: Thomas E. Young Attorney: TRV

Fiscal NoteS.B. 211 1st Sub. (Green)2016 General SessionPrivate Use of Dronesby Stephenson, H. (Stephenson, Howard.)

General, Education, and Uniform School Funds JR4-5-101

Ongoing One-time TotalNet GF/EF/USF (rev.-exp.) $(500) $0 $(500)

State Government UCA 36-12-13(2)(b)

This bill may cost the Insurance Department $500 annually to review drone forms. Expenditures fromthe Insurance Department Restricted Account impact year-end transfers to the General Fund.

Revenues FY 2016 FY 2017 FY 2018

General Fund $0 $(500) $(500)

General Fund Restricted $0 $500 $500

Total Revenues $0 $0 $0

This bill may cost the Department of Insurance $500 annually from the Insurance DepartmentRestricted Fund to review 30 forms every year. Expenditures from the Insurance DepartmentRestricted Account impact year-end transfers to the General Fund.

Expenditures FY 2016 FY 2017 FY 2018

General Fund Restricted $0 $500 $500

Total Expenditures $0 $500 $500

Net All Funds $0 $(500) $(500)

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)(d)

Businesses operating drones may incur costs associated with drone insurance. Costs associated withdrone insurance is unknown, varying depending upon coverage limits, probability of incidence, andother factors.

Performance Note JR4-2-404

No performance note required for this bill

S.B

. 211 1st Su

b. (G

reen)

2016/02/29 17:35, Lead Analyst: Thomas E. Young Attorney: TRV

Notes on NotesFiscal 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'sbenefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal note is not an appropriation. The Legislature decidesappropriations separately.