OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT CONCERNING THE LICENSING OF NEW AND USED CAR DEALERS.
LCO No.: 7919
File Copy No.: 361
House Calendar No.: 218
OFA Fiscal Note
The amendment increases the potential revenue gain to the state by expanding the car dealer license eligibility to additional manufacturers. The actual revenue gain in sales tax would be dependent upon any potential shift in consumer purchases.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.