Sec. 12-460a. Deposit of certain tax revenues into the Conservation Fund.
Sec. 12-460a. Deposit of certain tax revenues into the Conservation Fund. (a)
Notwithstanding the provisions of section 13b-61, with respect to the fiscal year ending
June 30, 2003, the Commissioner of Revenue Services shall deposit into the Conservation Fund established under section 22a-27h two million dollars of the amount of the
funds received by the state from the tax imposed under this chapter attributable to sales
of fuel from distributors to any boat yard, public or private marina or other entity renting
or leasing slips, dry storage, mooring or other space for marine vessels provided (1) two
hundred fifty thousand dollars shall be credited to the boating account, and (2) one
million dollars shall be credited to the fisheries account of which not less than seventy-five thousand dollars shall be allocated to The University of Connecticut for the Long
Island Sound councils.
(b) With respect to fiscal years ending on or after June 30, 2004, the Commissioner
of Revenue Services shall deposit into the Conservation Fund established under section
22a-27h three million dollars of the amount of the funds received by the state from the
tax imposed under this chapter attributable to sales of fuel from distributors to any boat
yard, public or private marina or other entity renting or leasing slips, dry storage, mooring
or other space for marine vessels provided (1) two hundred fifty thousand dollars shall
be credited to the boating account, and (2) two million dollars shall be credited to the
fisheries account of which not less than seventy-five thousand dollars shall be allocated
to The University of Connecticut for the Long Island Sound councils.
(P.A. 95-160, S. 50, 69; P.A. 96-139, S. 12, 13; P.A. 98-225, S. 1, 2; P.A. 99-173, S. 55, 65; June Sp. Sess. P.A. 99-1,
S. 13, 51; P.A. 00-170, S. 37, 42; May 9 Sp. Sess. P.A. 02-1, S. 72.)
History: P.A. 95-160, S. 50 effective July 1, 1995; P.A. 96-139 changed effective date of P.A. 95-160 but without
affecting this section; P.A. 98-225 increased funds deposited into Conservation Fund from $250,000 to $500,000, effective
July 1, 1998; P.A. 99-173 increased the transfer of revenue from the Transportation Fund to the Conservation Fund from
$500,000 to $2,000,000, effective July 1, 1999; June Sp. Sess. P.A. 99-1 reduced amount credited to fisheries account
from $1,750,000 to $1,050,000, effective July 1, 1999; P.A. 00-170 increased the amount of funds transferred to the
Conservation Fund to $3,000,000, increased the amount of funds credited to the fisheries account to $2,050,000, and
provided specific allocation of the fisheries account moneys credited under this section, effective July 1, 2000; May 9 Sp.
Sess. P.A. 02-1 deleted former provisions and added new Subsecs. (a) and (b) re transfer of certain revenue to the Conservation Fund and the allocation of such revenue, effective July 1, 2002.