OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sHB-5455 AN ACT CONCERNING CAMPAIGN CONSULTANTS AND DISCLOSURE. Primary Analyst: LG 4/9/22 Contributing Analyst(s): CP, PR OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 23 $ FY 24 $ Resources of the General Fund GF - Potential Revenue Gain See Below See Below Note: GF=General Fund Municipal Impact: None Explanation This bill defines "consultant" and "subvendor" for campaign finance purposes and establishes their registration, reporting, and record- keeping requirements. This is not anticipated to have a fiscal impact to the state or municipalities. The bill also adds provisions for two additional instances of illegal campaign finance practices and results in potential revenue gain from fines. There have been no fines collected for the current violation in the past 5 years. The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to violations.