Connecticut 2021 2021 Regular Session

Connecticut Senate Bill SB00920 Introduced / Fiscal Note

Filed 05/21/2021

                    OFFICE OF FISCAL ANALYSIS 
Legislative Office Building, Room 5200 
Hartford, CT 06106  (860) 240-0200 
http://www.cga.ct.gov/ofa 
sSB-920 
AN ACT CONCERNING PUBLIC -PRIVATE PARTNERSHIPS. 
As Amended by Senate "A" (LCO 9004) 
House Calendar No.: 531 
Senate Calendar No.: 261  
 
Primary Analyst: PM 	5/21/21 
Contributing Analyst(s): DC   
Reviewer: MM 
 
 
 
OFA Fiscal Note 
 
State Impact: 
Agency Affected Fund-Effect FY 22 $ FY 23 $ 
Department of Transportation TF - Cost Potential 
Significant 
Potential 
Significant 
Note: TF=Transportation Fund 
  
Municipal Impact: None  
Explanation 
The bill reestablishes, through January 1, 2027, the governor’s 
authority to approve up to five public-private partnership (P3) project 
agreements, and limits that authority to the Department of 
Transportation (DOT). The bill eliminates provisions restricting P3 
projects to revenue generating facilities and limiting the state’s share of 
project costs to 25%, which is expected to potentially significantly 
increase project costs to the state.   
The bill also requires DOT to limit, where possible, the use of 
consultants for P3 projects. The fiscal impact of this provision is 
uncertain and dependent on future actions by the department. 
Senate “A” eliminates the bill and its associated impact and results 
in the impact described above.  
The Out Years  2021SB-00920-R01-FN.DOCX 	Page 2 of 2 
 
 
The annualized ongoing fiscal impact identified above would 
continue into the future subject to inflation and the terms of any P3 
project agreements.  
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.