OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

SB-398

AN ACT ASSISTING STUDENTS ACCEPTED INTO THE DEFERRED ACTION FOR CHILDHOOD ARRIVALS PROGRAM WITH THE COST OF COLLEGE.

AMENDMENT

LCO No.: 7288

File Copy No.: 545

Senate Calendar No.: 320


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 16 $

FY 17 $

UConn

GF - See Below

See Below

See Below

Note: GF=General Fund

Municipal Impact: None

Explanation

The amendment would prohibit the University of Connecticut from providing funding to the UConn Foundation. Currently the university provides approximately $8 million to the foundation for operational purposes. In return the foundation provides an unknown amount of funding to the university. Prohibiting the university from subsidizing the foundation results in an unknown impact upon the ability of the foundation to raise funds, this in turn could impact funding provided to the university by the foundation.

Sections of the amendment that require the foundation to be subject to freedom of information requirements are procedural and result in no fiscal impact.

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.