OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

HB-5369

AN ACT CONCERNING AN ADJUSTMENT TO THE METHOD FOR DETERMINING THE MAXIMUM WEEKLY UNEMPLOYMENT BENEFIT RATE.

AMENDMENT

LCO No.: 4838

File Copy No.: 232

House Calendar No.: 175

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 17 $

FY 18 $

Resources of the General Fund

GF - Revenue Loss

Minimal

Minimal

Note: GF=General Fund

Municipal Impact: None

Explanation

The amendment increases the thresholds at which certain unemployment compensation fraud violations qualify as class A misdemeanors or class D felonies. To the extent this reduces the number of violations (and associated fines collected) for class A misdemeanors or class D felonies, this results in a minimal revenue loss.

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.