OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa HB-6403 AN ACT REQUIRING LEGISLATIVE APPROVAL FOR THE MERGER OR CLOSING OF INSTITUTIONS WITHIN THE CONNECTICUT STATE COLLEGES AND UNIVERSITIES. AMENDMENT LCO No.: 6928 File Copy No.: 155 House Calendar No.: 144 Primary Analyst: JS 5/26/21 Contributing Analyst(s): (NF) OFA Fiscal Note State Impact: None Municipal Impact: None Explanation The amendment results in no fiscal impact. The amendment changes a lack of legislative approval or rejection of a Board of Regents closure or merger, to deemed rejection (instead of deemed approval), which does not impact the underlying fiscal note. The amendment also makes a clarifying change. 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.