OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sSB-652

AN ACT CONCERNING SMALL BUSINESS RETIREMENT PLANS.

AMENDMENT

LCO No.: 4911

File Copy No.: 603

Senate Calendar No.: 399

OFA Fiscal Note

Potential Cost, Significant

The amendment specifies that the state waives sovereign immunity with respect to any claim arising out of the implementation or administration of the program established by the bill. This could result in costs associated with claims against the state related to the program.

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.