OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sHB-7126

AN ACT REGULATING TRANSPORTATION NETWORK COMPANIES AND TAXICABS.

AMENDMENT

LCO No.: 8771

File Copy No.: 771

House Calendar No.: 243

Senate Calendar No.: 459


OFA Fiscal Note

State Impact: SEE BELOW

Municipal Impact: None

Explanation

The amendment reduces the revenue gain to the Special Transportation Fund in the underlying bill by changing the application fee from $50,000 to $5,000.

Also, the amendment does not result in a fiscal impact until 2022 as a contract is in place for non-emergency medical transportation until that time.  The amendment does not require the contract to be renegotiated, to the extent permit by the terms of any contract.  After 2022 there may be a fiscal impact to the state to the extent the amendment limits the state's ability to seek the most favorable contracted rates by limiting the pool of eligible vendors to those who are common carriers. 

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.