OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sSB-390

AN ACT PRESERVING THE INTERESTS OF PRIOR TITLE HOLDERS.


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 19 $

FY 20 $

Social Services, Dept.

GF - Revenue Loss

See Below

See Below

Note: GF=General Fund

Municipal Impact: None

Explanation

The bill results in a revenue loss associated with limiting the ability of the Department of Social Services (DSS) to collect on claims or liens on real property. DSS collected an average of approximately $8.9 million on related property over the past three fiscal years.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to the amount of related claims or liens.