OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

HB-6771

AN ACT AUTHORIZING NONADMITTED INSURERS TO OPEN AN OFFICE IN THIS STATE.

AMENDMENT

LCO No.: 8699

File Copy No.: 175

House Calendar No.: 121

Senate Calendar No.: 437


OFA Fiscal Note

NO FISCAL IMPACT

The amendment does not result in a fiscal impact to the state, municipalities, or the state's health insurance exchange (a quasi-public state agency). The amendment requires the health insurance exchange to submit any changes to an assessment or user fee of more than 10% to the Insurance Committee for approval.

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.