OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
http: //www.cga.ct.gov/ofa
HB-6652
AN ACT IMPLEMENTING THE REVENUE ITEMS IN THE BUDGET AND MAKING BUDGET ADJUSTMENTS, DEFICIENCY APPROPRIATIONS, CERTAIN REVISIONS TO BILLS OF THE CURRENT SESSION AND MISCELLANEOUS CHANGES TO THE GENERAL STATUTES.
AMENDMENT
LCO No.: 8498
OFA Fiscal Note
Agency Affected |
Fund-Effect |
FY 12 $ |
FY 13 $ |
Education, Dept. |
GOBonds - Cost |
None |
greater than 250, 000 |
Municipalities |
Effect |
FY 12 $ |
FY 13 $ |
Local and Regional School Districts |
Revenue Gain |
None |
greater than 250, 000 |
Explanation
The amendment results in a cost to the state which in turn is a revenue gain to local and regional school districts operating vocational agriculture centers by maintaining school construction reimbursement rates for such centers at 95% rather than 80% for projects filed after July 1, 2011.
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.