OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa HB-6601 AN ACT PROMOTING ECONOMIC DEVELOPMENT AND OPTIMIZING STATE SERVICES THROUGH THE USE OF INNOVATIVE TECHNOLOGIES DEVELOPED IN CONNECTICUT. Primary Analyst: MM 3/26/21 Contributing Analyst(s): DC OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 22 $ FY 23 $ Various State Agencies Various - Potential Savings See Below See Below Note: Various=Various Municipal Impact: None Explanation The bill enables some resources of Connecticut Innovations, Inc. to be used to develop technologies or products that could facilitate efficiencies in state services. To the extent that efficiencies are achieved as a result, the bill could enable savings. The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.