OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http: //www.cga.ct.gov/ofa

SB-1239

AN ACT CONCERNING THE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2013.

AMENDMENT

LCO No.: 5717

OFA Fiscal Note

NO FISCAL IMPACT

The amendment requires the General Assembly to vote in the affirmative or the negative on the concession agreement between the state and the State Employees Bargaining Agent Coalition (SEBAC) . Should the agreement fail to be approved, the underlying bill still requires adoption of $1 billion in comparable budget savings in FY 12 and FY 13 and therefore is not anticipated to result in a fiscal impact.

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.