OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-399
AN ACT CONCERNING THE TOBACCO SETTLEMENT TRUST
FUND AND THE SALE OF TOBACCO PRODUCTS.
Primary Analyst: MM 4/7/22
Contributing Analyst(s):
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 23 $ FY 24 $
Tobacco Settlement Funds Tobacco Health
Trust Fund -
Revenue Gain
12,000,000 12,000,000
Tobacco Settlement Funds GF - Revenue
Loss
12,000,000 12,000,000
Note: GF=General Fund
Municipal Impact: None
Explanation
The bill diverts twelve million annually of Tobacco Settlement
proceeds (revenue) from the General Fund to the Tobacco and Health
Trust Fund.
The Out Years
The annualized ongoing fiscal impact identified above would remain
constant, as the amount diverted would be set in statute.