OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sSB-1005

AN ACT PROTECTING ELDERLY CONSUMERS FROM EXPLOITATION AND ADOPTING THE CONNECTICUT UNIFORM POWER OF ATTORNEY ACT.


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 16 $

FY 17 $

Resources of the General Fund

GF - Potential Revenue Gain

Less than 5,000

Less than 5,000

Municipal Impact: None

Explanation

The bill is anticipated to result in a minimal revenue gain of less than $5,000 by expanding mandatory reporters of elder abuse and expanding larceny in the 2nd degree.

The bill expands mandatory reports of elder abuse to include certain emergency medical service providers and financial institution officers. This provision is not anticipated to result in a fiscal impact as there have been no charges filed under the existing mandatory report of elderly abuse statute in the past 10 years.

The bill also expands larceny in the 2nd degree, a class C felony. In FY 14 there were 1,137 total charges of larceny in the 2nd degree, of which 697 charges were dismissed, 421 accepted a plea bargain, and 15 were guilty, which resulted in fine revenue of $2,500.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.

Sources:

Judicial Department Offenses and Revenue Database