Connecticut 2021 2021 Regular Session

Connecticut House Bill HB06688 Introduced / Fiscal Note

Filed 06/08/2021

                    OFFICE OF FISCAL ANALYSIS 
Legislative Office Building, Room 5200 
Hartford, CT 06106  (860) 240-0200 
http://www.cga.ct.gov/ofa 
HB-6688 
AN ACT CONCERNING A HIGHWAY USE FEE. 
AMENDMENT 
LCO No.: 10534  
 
Primary Analyst: EW 	6/8/21 
Contributing Analyst(s):  	() 
 
 
 
 
OFA Fiscal Note 
 
State Impact: 
Agency Affected Fund-Effect FY 22 $ FY 23 $ 
Revenue Serv., Dept. TF - Revenue 
Gain 
320 million 320 million 
Revenue Serv., Dept. GF - Revenue 
Loss 
320 million 320 million 
Note: TF=Transportation Fund; GF=General Fund  
Municipal Impact: None  
Explanation 
The amendment results in a (1) revenue gain to the Special 
Transportation Fund (STF) of approximately $320 million annually and 
(2) a revenue loss of the same amount per fiscal year to the General Fund 
by transferring the following revenue to the GF from the STF:  
• sales tax collections associated with the 6.35% general sales tax 
on motor vehicle repair services, any motor vehicle part and 
transportation services. This transfer provides $245 million 
annually to the STF. 
• 32.1% (or 3 percentage points) of the 9.35% rental car sales tax 
collections. This transfer provides $75 million to the STF 
annually.  
 
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  2021HB-06688-R00LCO10534-FNA.DOCX 	Page 2 of 2 
 
 
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.