OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT CONCERNING WORKING FAMILIES' WAGES.
LCO No.: 3116
File Copy No.: 24
Senate Calendar No.: 66
OFA Fiscal Note
The amendment applies $60.0 million of any unappropriated FY 14 General Fund surplus to interest due on federal loans to the state Unemployment Compensation Fund. This reduces our estimated FY 14 surplus as of March 25, 2014 from $519.3 million to approximately $459.3 million.
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.