OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sSB-9 AN ACT IMPLEMENTING THE GOVERNOR'S BUDGET RECOMMENDATIONS FOR GENERAL GOVERNMENT. Primary Analyst: DD 4/25/22 Contributing Analyst(s): OFA Fiscal Note State Impact: See Below Municipal Impact: See Below Explanation Sections 1 and 2 reduce the motor vehicle mill rate cap from 45 to 34.46 and make corresponding changes to the mill rate cap reimbursement grant formula. The revised FY 23 budget provides $100 million for reimbursement. Section 3 requires any that any over-collection of recoveries for the State Employees Retirement System (SERS) funds must be deposited to the State Employees Retirement Fund (SERF). Currently, any over- collection of recoveries is deposited to the General Fund as revenue, while under-collections result in a reduced contribution to SERS. To the extent that there are such over-collection of recoveries, there will be increased deposits to SERF and a reduction to General Fund revenues. Section 4 allows state agencies to designate agency EV charging stations as either (1) available for public use; (2) for the sole use of state employees; or (3) for a combination of both state employees and the public. It further requires state agencies to collect fees on non-state vehicles for such use and to deposit the revenue into the fund from which the expenses for installing the relevant EV infrastructure were paid, resulting in a revenue gain to the respective fund (primarily GF or STF). Additionally, violations of these provisions are infractions and 2022SB-00009-R000642-FN.DOCX Page 2 of 2 result in potential minimal revenue gain to the GF. Section 5 results in potential savings to the General Fund by allowing state agencies’ expenditures that are associated with activities authorized under PA 21-1 JSS, AAC Responsible and Equitable Regulation of Adult-Use Cannabis, to be paid out of Social Equity and Innovation Fund. The Social Equity and Innovation Fund, created under PA 21-1 JSS, is a separate, non-lapsing fund that is funded by certain licensing fees and a portion of the state cannabis tax. The Out Years State Impact: See Above Municipal Impact: See Above