OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa SB-850 AN ACT CONCERNING VARIOUS REVISIONS TO THE HIGHER EDUCATION STATUTES. As Amended by Senate "A" (LCO 8139) Senate Calendar No.: 225 Primary Analyst: JS 5/13/21 Contributing Analyst(s): OFA Fiscal Note State Impact: None Municipal Impact: None Explanation The bill, which requires specific training for new college and university governing board members and makes changes regarding the Board of Regents (BOR), results in no fiscal impact to the constituent units. Section 2 requires the University of Connecticut's Board of Trustees and the BOR to ensure that new board members complete training in numerous specified topics. This section results in no fiscal impact to the constituent units because any topics not currently covered in new member orientations can be added, using existing resources. Sections 3 through 5 result in no fiscal impact to the Board of Regents as these make procedural, technical, and conforming changes to statutes involving the board. Among other changes, the bill requires the BOR to include the Connecticut State Colleges and Universities (CSCU) central office (i.e., system office) in their budget request submitted to the Office of Policy and Management. The central office is primarily funded by General Fund and other revenues received by the colleges and universities in the CSCU system, which is unchanged by the bill. 2021SB-00850-R01-FN.DOCX Page 2 of 2 Senate "A" eliminates the original bill and its associated fiscal impact and results in the impact described above. The Out Years State Impact: None Municipal Impact: None 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.