OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-5490
AN ACT CONCERNING THE SALES AND USE TAXES ON
AMBULANCE -TYPE MOTOR VEHICLES AND AMBULANCES.
Primary Analyst: EW 4/17/24
Contributing Analyst(s):
Reviewer: MM
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 25 $ FY 26 $
Revenue Serv., Dept. Various -
Revenue Loss
None 500,000
Note: Various=Various
Municipal Impact: None
Explanation
The bill results in a revenue loss of $500,000 annually beginning in FY
26 by exempting certain ambulance-type vehicles from the sales and use
tax.
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation.