AN ACT CONCERNING VARIOUS STATUTES PERTAINING TO THE DEPARTMENT OF REVENUE SERVICES.

OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 ↓ (860) 240-0200

http: //www. cga. ct. gov/ofa

sSB-357

AN ACT CONCERNING VARIOUS STATUTES PERTAINING TO THE DEPARTMENT OF REVENUE SERVICES.

Agency Affected	Fund-Effect	FY 13 $	FY 14 $
Department of Revenue Services	GF - Revenue Gain	Less than $1. 0 million	Less than $1. 0 million

Note: GF=General Fund

Municipal Impact: None

Explanation

The bill requires retailers with certain cigarette-rolling machines to obtain a manufacturer's license from the Department of Revenue Services. This results in a revenue gain of less than $1. 0 million annually from license fees and the cigarette tax.

The license fee for a cigarette manufacturer's license is currently $5,250 payable annually. It is estimated there are currently fewer than 15 commercial locations within the state with applicable cigarette-rolling machines.

The remaining provisions of the bill do not result in any fiscal impact to the state or municipalities.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.