Analysis Complete for Senate Bill 5990

Office of Financial Management

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SB 5990, titled AN ACT Relating to creating the safety net assessment to fund services for people with developmental disabilities, 10 year analysis complete.

The Office of Financial Management has identified this bill as requiring a ten-year projection of increased cost to the taxpayers or affected fee payers.

Ten-year projection:

Fiscal
Year

   Public Utility Tax

 

2020

$ 27,300,000

2021

28,600,000

2022

30,000,000

2023

31,400,000

2024

32,800,000

2025

34,300,000

2026

36,000,000

2027

37,700,000

2028

39,500,000

2029

41,300,000

 

Total:

$ 338,900,000