OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

SB-57

AN ACT CONCERNING THE DIRECT DEPOSIT OF WAGES.

AMENDMENT

LCO No.: 3625

File Copy No.: 27

Senate Calendar No.: 67


OFA Fiscal Note

State Impact: None

Municipal Impact:

Municipalities

Effect

FY 15 $

FY 16 $

Various Municipalities

Eliminates Cost in Bill

None

None

Explanation

The amendment eliminates the cost to municipalities of the underlying bill by eliminating the requirement to have all wages paid by direct deposit to be electronically identified as wages.

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.