OLR Bill Analysis

HB 5142

AN ACT CONCERNING THE MOTOR BOAT FUEL TAXES AND THE CONSERVATION FUND.

SUMMARY:

This bill increases, from $ 3 million to $ 3. 5 million, the amount of motor boat fuel taxes the revenue services commissioner must transfer to the Conservation Fund. It requires the fund's (1) boating account to increase from $ 250,000 to $ 295,000 and (2) fisheries account from $ 2 million to $ 2. 3 million. It also requires that at least $ 125,000 in the fisheries account be allocated to the University of Connecticut for the Long Island Sound councils. Current law sets the minimum allocation at $ 75,000.

EFFECTIVE DATE: Upon passage

COMMITTEE ACTION

Environment Committee

Joint Favorable