OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
HB-5377
AN ACT CONCERNING THE REMOVAL OF COVID -19 RELATED
LAYOFFS FROM THE UNEMPLOYMENT COMPENSATION
EXPERIENCE ACCOUNT.
Primary Analyst: CW 4/5/21
Contributing Analyst(s):
Reviewer: MM
OFA Fiscal Note
State Impact: None
Municipal Impact: None
Explanation
The bill, which disregards certain unemployment insurance benefits
charges for the purposes of calculating employers' unemployment tax
rates, does not result in any fiscal impact as costs not directly charged
to a specific employer will be handled as pooled costs spread among
all employers.
The Out Years
State Impact: None
Municipal Impact: None