OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

HB-5129

AN ACT ESTABLISHING A "SAVE OUR LAKES" NUMBER PLATE TO COMBAT AQUATIC INVASIVE SPECIES AND CYANOBACTERIA BLOOMS.


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 19 $

FY 20 $

Department of Energy and Environmental Protection

Connecticut Lakes and Ponds Preservation account - Revenue Gain/Cost

Minimal

Minimal

Note: GF=General Fund

Municipal Impact: None

Explanation

The bill creates the Save Our Lakes commemorative number license plate and requires the Department of Motor Vehicles (DMV) to establish a plate fee in addition to the registration fees. The plate fee shall be used among other things to reimburse the DMV for the costs of making the plate; therefore no cost to the DMV is anticipated.

The bill establishes the “Connecticut Lakes and Ponds Preservation account” as a separate non-lapsing account of the General Fund to be used by the Department of Energy and Environmental Protection (DEEP) to enhance public awareness of lake and pond preservation.  It requires fees and donations generated from the newly established Save Our Lakes commemorative license plate to be deposited into the account which will generate revenue used for the purposes outlined in the bill. 

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to the number of Save Our Lakes license plates.