OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sHB-5584

AN ACT CONCERNING THE CREATION OF A SMALL BUSINESS HOTLINE.

AMENDMENT

LCO No.: 6525

File Copy No.: 382

House Calendar No.: 277


OFA Fiscal Note

NO FISCAL IMPACT

The amendment has no fiscal impact by modifying the requirements in the underlying bill regarding the small business hotline which is to be administered by the Department of Economic and Community Development (DECD).

The amendment permits DECD to partner with a nonprofit organization to administer the hotline. The Connecticut Economic Resource Center (CERC), a nonprofit organization, currently runs a hotline with a dedicated staff person to provide information and guidance to small businesses. Assuming DECD collaborates with CERC on this hotline, there is 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.