OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sHB-6749

AN ACT CONCERNING A WORKING GROUP ON A PUBLIC-PRIVATE MARKETING PARTNERSHIP TO RECRUIT BUSINESSES TO CONNECTICUT.

As Amended by House "A" (LCO 6558)

House Calendar No.: 261


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 18 $

Various State Agencies

GF - Potential Cost

Less than $1,000

Note: GF=General Fund

Municipal Impact: None

Explanation

The bill establishes a working group to explore public-private marketing partnerships to recruit businesses to the state and issue a report on its findings and recommendations to the commerce committee by January 15, 2018.

There may be a cost of less than $1,000 in FY 18 to those agencies participating in the working group to reimburse legislators and agency staff for mileage expenses, currently at 53.5 cents/mile.

House “A” clarifies the membership of the working group and does not alter the aforementioned fiscal note.

The Out Years

There is no ongoing fiscal impact because the working group terminates in FY 18.