OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sHB-6955

AN ACT PROHIBITING THE SALE AND TRADE OF IVORY AND RHINOCEROS HORN.


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 16 $

FY 17 $

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 bans the importation, sale, purchase, and bartering of any animal ivory, rhinoceros horn or associated products, allowing for certain exemptions.

It establishes a new fine, of at least $1,000 (or twice the value of the product) for first-time violators. It is anticipated that less than 5 violations may occur, resulting in a revenue gain of less than 5,000 annually.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to the number of violations.