OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
http: //www.cga.ct.gov/ofa
sSB-361
AN ACT PREVENTING THE USE OF CREDIT SCORES BY CERTAIN EMPLOYERS IN HIRING DECISIONS.
AMENDMENT
LCO No.: 8020
File Copy No.: 742
Senate Calendar No.: 72
OFA Fiscal Note
Agency Affected |
Fund-Effect |
FY 12 $ |
FY 13 $ |
Labor Dept. |
GF - Cost |
84, 860 |
86, 557 |
Labor Dept. |
GF - Revenue Gain |
Potential Minimal |
Potential Minimal |
State Comptroller - Fringe Benefits1 |
GF - Cost |
20, 162 |
20, 565 |
Note: GF=General Fund
Explanation
The amendment strikes the underlying bill and its associated fiscal impact. The amendment allows complaints to be filed with the Department of Labor (DOL) if an employer uses credit scores in certain hiring decisions. This is anticipated to increase the number of complaints received by the department and may require a half-time Special Investigator. This is also anticipated to result in an increase in the number of probable cause hearings conducted by DOL, requiring a half-time Staff Attorney II.
The amendment establishes a $300 civil penalty for each violation, which results in a potential minimal revenue gain.
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.
1 The fringe benefit costs for most state employees are budgeted centrally in accounts administered by the Comptroller. The estimated non-pension fringe benefit cost associated with personnel changes is 23.76% of payroll in FY 12 and FY 13. In addition, there could be an impact to potential liability for the applicable state pension funds.