OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sSB-671

AN ACT CONCERNING IDENTITY THEFT.

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 09 $

FY 10 $

Various State Agencies

Various Funds - Cost

Potential

Potential

Municipal Impact:

Municipalities

Effect

FY 09 $

FY 10 $

All Municipalities

STATE MANDATE - Cost

Potential

Potential

Explanation

The bill results in a potential cost to any state agency or municipality that loses or causes the unauthorized disclosure of a person's Social Security number as the entity would be required to provide two years of expense paid commercially available identity theft monitoring protection to aggrieved parties. Commercially available identity theft monitoring costs approximately $180 per year.

The Out Years

The fiscal impact identified above would continue into the future.