OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
AN ACT ESTABLISHING AN ASIAN PACIFIC AMERICAN AFFAIRS COMMISSION.
LCO No.: 4935
File Copy No.: 9
House Calendar No.: 27
OFA Fiscal Note
Asian Pacific American Affairs Comm.
GF - See Below
Comptroller Misc. Accounts (Fringe Benefits) 1
GF - See Below
Note: GF=General Fund
The amendment changes the bill's effective date to July 1, 2009 from October 1, 2008. This shifts the costs described in the underlying bill from FY 09 to FY 10. The amendment allows the establishment of the commission "within available appropriations". sHB5021, the budget bill as favorably reported by the Appropriations Committee includes $155, 000 for the Asian Pacific American Affairs Commission in FY 09.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose.
1 The fringe benefit costs for state employees are budgeted centrally in the Miscellaneous Accounts administered by the Comptroller. The first year fringe benefit costs for new positions do not include pension costs. The estimated first year fringe benefit rate as a percentage of payroll is 25.36%. The state's pension contribution is based upon the prior year's certification by the actuary for the State Employees Retirement System (SERS) . The SERS fringe benefit rate is 33.27%, which when combined with the rate for non-pension fringe benefits totals 58.63%.