OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

SB-1502

AN ACT IMPLEMENTING PROVISIONS OF THE STATE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2017 CONCERNING GENERAL GOVERNMENT, EDUCATION AND HEALTH AND HUMAN SERVICES.

AMENDMENT

LCO No.: 9712


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 16 $

FY 17 $

Various State Agencies

GF - Potential Cost

Less than $1,000

Less than $1,000

Note: GF=General Fund

Municipal Impact: None

Explanation

Section 601 establishes a Commission on Economic Competitiveness to analyze the implications of state tax policy on state business and industry. The amendment also requires the commission by January 1, 2017 and annually thereafter to submit an activity report to the finance and commerce committees on their findings. There may be a cost of less than $1,000 annually to those agencies participating in the commission to reimburse legislators and agency staff for mileage expenses.

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.