OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
AN ACT CONCERNING SMALL BUSINESS RETIREMENT PLANS.
LCO No.: 5855
File Copy No.: 603
House Calendar No.: 459
Senate Calendar No.: 399
OFA Fiscal Note
There could be significant cost to the state associated with obtaining performance bond or general liability insurance. The program is to be administered by a third party so the state would not be liable for claims relating to mismanagement.
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.