OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT ESTABLISHING THE TRANSIT CORRIDOR DEVELOPMENT ASSISTANCE AUTHORITY.
LCO No.: 4659
File Copy No.: 672
Senate Calendar No.: 275
OFA Fiscal Note
NO FISCAL IMPACT
The amendment limits the Connecticut Transit Corridor Development Authority (TCDA) from using funding from the Special Transportation Fund (STF) for expenses. This provision does not result in a fiscal impact as currently the STF does not fund the TCDA. It should be noted that the Governor's proposed FY 17 budget, included $250,000 for the TCDA.
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.