OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sHB-6733

AN ACT CONCERNING CERTAIN COMMERCIAL FISHERY LICENSURE REFORMS.

As Amended by House "A" (LCO 7112)

House Calendar No.: 161


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 16 $

FY 17 $

Department of Energy and Environmental Protection

GF - Revenue Neutral

See Below

See Below

Resources of the General Fund

GF - Potential Revenue Gain

Less than 5,000

Less than 5,000

Note: GF=General Fund

Municipal Impact: None

Explanation

The bill reduces, from $120 to $60, the cost of a personal use lobster license. Assuming the same number of licenses sold1, this would reduce revenue in both FY 16 and FY 17 by half, or approximately $10,000.

Additionally, the bill adds three new categories of fishing licenses and endorsements anticipated to be less than $10,000 annually.2 Therefore, the revenue loss from the reduction in personal use lobster licenses is anticipated to be offset by the additional revenue generated from the new categories established in the bill, making both provisions together revenue neutral.

Additionally, the bill changes the penalties associated with violating the commercial fishing statutes and results in a potential minimal revenue gain of less than $5,000 in fines. In FY 14, a total of four offenses resulted in fine revenue of $1,180.

House “A” alters certain definitions and makes other technical and minor changes to commercial fishing provisions that do not result in a fiscal impact.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to the number of licenses sold and violations that occur.

Sources:

Judicial Department Offenses and Revenue Database

1 In FY 14, 166 personal use lobster licenses were sold at a cost of $120 each.

2 In FY 13, $234,030 was generated from commercial fishing licenses.