OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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HB-6001

AN ACT IMPLEMENTING PROVISIONS OF THE STATE BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 2012.

AMENDMENT

LCO No.: 5794

OFA Fiscal Note

POTENTIAL COST INCREASE

The amendment increases the scope of the “Connecticut-Made” program, which shall be implemented within available appropriations.1 If the amendment were to be implemented, there would be a potential increase in cost to the Department of Economic and Community Development (DECD) . This potential cost relates to the increased number of entities that may participate in the program for which DECD may provide grants and involve in networking and marketing efforts.

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.

1 PA 12-104, the revised FY 13 budget, provides $100, 000 to DECD to implement the Connecticut-Made program.