OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

HB-6534

AN ACT CONCERNING GASOLINE VAPOR RECOVERY SYSTEMS.


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 14 $

FY 15 $

Various State Agencies

Various - Savings

Approximately 5,000

Approximately 5,000

Various State Agencies

Various - Cost

Up to $6,000 per unit

None

Municipal Impact:

Municipalities

Effect

FY 14 $

FY 15 $

Various Municipalities

Savings

Approximately 5,000

Approximately 5,000

Various Municipalities

Cost

Up to $6,000 per unit

None

Explanation

The bill requires gas stations to decommission stage II vapor recovery systems. It is estimated that the state owns at least seven gas stations with stage II vapor recovery systems. It is not known how many municipalities own this type of gas station. There would be one-time costs for the state and municipalities to decommission these systems, anticipated to be up to $6,000 per unit. However, the state and municipalities would realize a savings by no longer having to operate and maintain these systems, estimated to be $5,000 annually.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation and the number of stage II vapor recovery systems owned by the state and municipalities.