OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sSB-1039 AN ACT CONCERNING BLOCKCHAIN AND EMERGING TECHNOLOGIES. Primary Analyst: DC 4/6/21 Contributing Analyst(s): MM, CP OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 22 $ FY 23 $ Department of Administrative Services GF - Cost Minimal None Note: GF=General Fund Municipal Impact: None Explanation On or before October 1, 2021, the Department of Administrative Services shall develop and issue a request for information for the incorporation of blockchain technology to facilitate cost-effective efficiencies in state services. This will result in a minimal cost. Not later than January 1, 2022, the Commissioner of Administrative Services shall evaluate the responses to the request for information and submit a report, identifying department functions that may be made more efficient or cost-effective by blockchain technology to the commerce and government administration committees. On or before January 1, 2022, the Commissioner of Economic and Community Development, in consultation with AdvanceCT, shall develop a plan to support the state's remote work economy. Not later than January 1, 2022, the commissioner shall submit such a plan to the commerce committee. 2021SB-01039-R000325-FN.DOCX Page 2 of 2 The Out Years The fiscal impact identified above would only be reflected in FY 22.