General Assembly Substitute Bill No. 861 January Session, 2017 *_____SB00861APP___050917____* General Assembly Substitute Bill No. 861 January Session, 2017 *_____SB00861APP___050917____* AN ACT CONCERNING RATEPAYER IMPACT STATEMENTS. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Section 2-24 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2017): The words "State of Connecticut" shall be printed at the head of each bill and document printed by order of the General Assembly, or either house thereof, and on its title page or cover, if any. Before printed, electronic or photographic copies of an original bill are made, the bill shall be endorsed with (1) the date of its introduction; (2) its number; (3) the name of the member or committee introducing it; and (4) the name of the committee to which it was referred. Copies of bills or resolutions printed or produced electronically after favorable report by a committee or reprinted or produced electronically after amendment on the third reading, i.e., files, shall bear the file number of such bill or resolution, placed conspicuously at the head of the same, which file number shall be assigned by the Legislative Commissioners' Office in the order printed or produced, the number and title of the bill, the name of the committee to which it was referred, the date and nature of the committee's report, [and,] in any case where the bill, if passed, would require the expenditure of state or municipal funds or affect state or municipal revenue, a fiscal note, including an estimate of the cost or of the revenue impact shall be appended thereto, and, in any case where the bill, if passed, would have a financial impact on electric ratepayers, a ratepayer impact statement, as described in subsection (b) of section 2-24a, as amended by this act. When a bill or resolution is accompanied with a report of a committee, other than a recommendation that it ought or ought not to pass, it shall then have an additional endorsement, as follows: "Accompanied by special report, No.-". Bills shall be designated in the calendar of each house by their file numbers, as well as by the titles and numbers of the bills. Sec. 2. Section 2-24a of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2017): (a) No bill without a fiscal note appended thereto which, if passed, would require the expenditure of state or municipal funds or affect state or municipal revenue in the current fiscal year or any of the next ensuing five fiscal years shall be acted upon by either house of the General Assembly unless said requirement of a fiscal note is dispensed with by a vote of at least two-thirds of such house. Such fiscal note shall clearly identify the cost and revenue impact to the state and municipalities in the current fiscal year and in each of the next ensuing five fiscal years. (b) Beginning with the session of the General Assembly commencing on January 9, 2019, no bill without a ratepayer impact statement appended thereto which, if passed, would have a financial impact on electric ratepayers, shall be acted upon by either house of the General Assembly. Such statement shall (1) be prepared by the Office of Fiscal Analysis; and (2) provide an assessment as to whether such bill is most likely to increase, decrease or have no impact on the cost of electricity to the majority of Connecticut electric ratepayers. Sec. 3. Section 2-24a of the general statutes, as amended by section 169 of public act 15-244, is repealed and the following is substituted in lieu thereof (Effective July 1, 2019): (a) No bill without a fiscal note appended thereto which, if passed, would require the expenditure of state or municipal funds or affect state or municipal revenue in the current fiscal year or any of the next ensuing five fiscal years shall be acted upon by either house of the General Assembly unless said requirement of a fiscal note is dispensed with by a vote of at least two-thirds of such house. Such fiscal note shall clearly identify the cost and revenue impact to the state and municipalities in the current fiscal year and in each of the next ensuing five fiscal years. If the bill has any impact on the personal income tax imposed under chapter 229 or the corporation business tax imposed under chapter 208, or both, such fiscal note shall clearly identify any resulting impact on the deposits to the Budget Reserve Fund pursuant to section 4-30a. (b) Beginning with the session of the General Assembly commencing on January 9, 2019, no bill without a ratepayer impact statement appended thereto which, if passed, would have a financial impact on electric ratepayers, shall be acted upon by either house of the General Assembly. Such statement shall (1) be prepared by the Office of Fiscal Analysis; and (2) provide an assessment as to whether such bill is most likely to increase, decrease or have no impact on the cost of electricity to the majority of Connecticut electric ratepayers. This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2017 2-24 Sec. 2 July 1, 2017 2-24a Sec. 3 July 1, 2019 2-24a This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2017 2-24 Sec. 2 July 1, 2017 2-24a Sec. 3 July 1, 2019 2-24a ET Joint Favorable Subst. -LCO APP Joint Favorable ET Joint Favorable Subst. -LCO APP Joint Favorable