Connecticut Seal

General Assembly

File No. 237

    January Session, 2015

Substitute House Bill No. 6915

House of Representatives, March 26, 2015

The Committee on Banking reported through REP. LESSER of the 100th Dist., Chairperson of the Committee on the part of the House, that the substitute bill ought to pass.

This act shall take effect as follows and shall amend the following sections:

Section 1

October 1, 2015

New section

Sec. 2

October 1, 2015

New section

Sec. 3

July 1, 2016

New section

Sec. 4

July 1, 2016

New section

Sec. 5

July 1, 2016

New section

Sec. 6

July 1, 2016

New section

Sec. 7

July 1, 2016

New section

Sec. 8

July 1, 2016

New section

Sec. 9

July 1, 2016

New section

Sec. 10

July 1, 2016

New section

BA

Joint Favorable Subst. -LCO

 

Agency Affected

Fund-Effect

FY 16 $

FY 17 $

Banking Dept.

BF - See Below

See Below

See Below

Student Loan Ombudsman Related Costs

 

FY 16 $

FY 17 $

Ombudsman salary

91,000

95,095

Fringe Benefit Costs1

75,466

78,862

Course Development

-

25,000

Total

166,466

198,957

 

Yea

17

Nay

0

(03/10/2015)

TOP

1 The fringe benefit costs for employees funded out of other appropriated funds are budgeted within the fringe benefit account of those funds, as opposed to the fringe benefit accounts within the Office of the State Comptroller. The estimated active employee fringe benefit cost associated with most personnel changes for other appropriated fund employees is 82.91% of payroll in FY 16 and FY 17.