OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

SB-221

AN ACT CONCERNING CREDIT CHECKS AND FINANCIAL INSTITUTIONS.


OFA Fiscal Note

State Impact: None

Municipal Impact: None

Explanation

The bill allows mortgage servicing companies and certain associated licensed brokers and lenders to require a credit check on their employees or prospective employees. This does not result in any fiscal impact to the state or municipalities.

The Out Years

State Impact: None

Municipal Impact: None