OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT IMPLEMENTING THE REVENUE ITEMS IN THE BUDGET AND MAKING BUDGET ADJUSTMENTS, DEFICIENCY APPROPRIATIONS, CERTAIN REVISIONS TO BILLS OF THE CURRENT SESSION AND MISCELLANEOUS CHANGES TO THE GENERAL STATUTES.
LCO No.: 8445
OFA Fiscal Note
The amendment strikes section 165 of the bill and its associated fiscal impact. The amendment requires the General Assembly to convene in special session to vote on the SEBAC agreement dated May 27, 2011 within five days of its filing, otherwise the agreement is deemed rejected. Provided approval of the agreement, the amendment requires the Commissioner of Administrative Services and the Secretary of the Office of Policy and Management to apply terms comparable to those in the agreement to all executive branch union and non-union state employees. In similar fashion, the amendment requires the Executive Director of Legislative Management and the Chief Court Administrator to implement changes comparable to the agreement in regards to longevity payments and wages for employees of the legislative and judicial branches, respectively. The underlying bill assumes a savings lapse of $700.7 million in FY 12 and $901.2 million in FY 13. The extent to which the amendment may impact the achievement of these savings is uncertain.
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. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.