OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
http: //www.cga.ct.gov/ofa
sHB-5164
AN ACT CONCERNING REVISIONS TO THE MOTOR VEHICLE LAWS.
AMENDMENT
LCO No.: 5197
File Copy No.: 620
House Calendar No.: 179
Senate Calendar No.: 471
OFA Fiscal Note
Agency Affected |
Fund-Effect |
FY 13 $ |
FY 14 $ |
Judicial Dept. |
GF - Revenue Gain |
5, 000 |
5, 000 |
Department of Motor Vehicles |
TF - Revenue Loss |
5, 000 |
5, 000 |
Note: GF=General Fund; TF=Transportation Fund
Explanation
The amendment establishes an infraction on an operator of a wrecker who violates the provisions of the amendment and is estimated to result in a revenue gain of $5, 000 to the General Fund. The amendment also exempts additional vehicles from the statute which will result in a potential revenue loss of $5, 000 to the Special Transportation Fund because of a reduction in the number of vehicles that would pay the $125 biennial registration fee.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.