OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
HB-6405
AN ACT CONCERNING THE CONNECTICUT OPEN
EDUCATIONAL RESOURCE COORDINATING COUNCIL.
Primary Analyst: SB 3/17/21
Contributing Analyst(s):
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 22 $ FY 23 $
Higher Ed., Off. GF - See Below See Below See Below
Note: GF=General Fund
Municipal Impact: None
Explanation
The bill prevents funds appropriated to the Open Educational
Resource (OER) Coordinating Council, through the Office of Higher
Education, from lapsing at the end of the fiscal year; instead, unspent
funds may lapse at the end of the next fiscal year. This results in
lapsing funds not returning immediately to the General Fund, but
rather being retained by the OER Coordinating Council for a year. The
bill makes other various procedural changes that do not result in a
fiscal impact.
The Out Years
There is no fiscal impact in the out years, as the lapse provision is
one-time in nature.