Connecticut Seal

General Assembly

File No. 912

    January Session, 2009

Substitute Senate Bill No. 705

Senate, May 7, 2009

The Committee on Appropriations reported through SEN. HARP of the 10th Dist., Chairperson of the Committee on the part of the Senate, that the substitute bill ought to pass.

This act shall take effect as follows and shall amend the following sections:

Section 1

July 1, 2009

36a-700

Sec. 2

July 1, 2009

New section

APP

Joint Favorable Subst.

 

Agency Affected

Fund-Effect

FY 10 $

FY 11 $

Consumer Protection, Dept.

BF - Cost

120,000

120,000

Consumer Protection, Dept.

BF - Revenue Gain

Potential

Potential

State Comptroller - Fringe Benefits1

BF - Cost

65,000

65,000

Yea

10

Nay

0

(03/10/2009)

Yea

11

Nay

5

(04/14/2009)

Yea

30

Nay

14

(04/27/2009)

TOP

1 The fringe benefit costs for state employees are budgeted centrally in the Miscellaneous Accounts administered by the Comptroller on an actual cost basis. The following is provided for estimated costs associated with additional personnel. The estimated non-pension fringe benefit rate as a percentage of payroll is 25.43%. Fringe benefit costs for new positions do not initially include pension costs as the state's pension contribution is based upon the 6/30/08 actuarial valuation for the State Employees Retirement System (SERS) which certifies the contribution for FY 10 and FY 11. Therefore, new positions will not impact the state's pension contribution until FY 12 after the next scheduled certification on 6/30/2010.