OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa SB-716 AN ACT CONCERNING THE FEDERAL STUDENT LOAN BORROWERS' BILL OF RIGHTS ACT OF 2019. AMENDMENT LCO No.: 10489 File Copy No.: 279 House Calendar No.: 559 Senate Calendar No.: 188 Primary Analyst: CG 6/8/21 Contributing Analyst(s): (NF) OFA Fiscal Note State Impact: None Municipal Impact: None Explanation The amendment strikes the underlying bill and replaces it with language that also has no fiscal impact. The amendment adds requirements for private student loan servicers and is not anticipated to have any fiscal impact to the state or municipalities. 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.