Connecticut Seal

General Assembly

File No. 409

    January Session, 2009

Substitute Senate Bill No. 1033

Senate, April 2, 2009

The Committee on Planning and Development reported through SEN. COLEMAN of the 2nd 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, and applicable to income years commencing on or after January 1, 2012

New section

Sec. 2

July 1, 2009

New section

Sec. 3

July 1, 2009

New section

PD

Joint Favorable Subst.

 

Agency Affected

Fund-Effect

FY 10

FY 11

Outyears

Department of Revenue Services

GF - Revenue Loss

None

None

Significant

Policy & Mgmt., Off.

GF - Cost

40,000

40,000

40,000

Comptroller Misc. Accounts (Fringe Benefits)

GF - Cost

10,172

10,172

10,172

Yea

18

Nay

0

(03/13/2009)

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.