OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sHB-5453

AN ACT CONCERNING THE RENEWAL OF LIABILITY INSURANCE POLICIES FOR UNDERGROUND STORAGE TANKS.


OFA Fiscal Note

State Impact: None

Municipal Impact: None

Explanation

The bill is not anticipated to have a fiscal impact. The bill prohibits insurers from cancelling or denying renewal of general liability insurance for the reason that it applies to an underground storage tank; this restriction is not anticipated to impact state or municipal insurance costs.

The Out Years

State Impact: None

Municipal Impact: None