Connecticut 2022 2022 Regular Session

Connecticut Senate Bill SB00099 Introduced / Fiscal Note

Filed 05/03/2022

                    OFFICE OF FISCAL ANALYSIS 
Legislative Office Building, Room 5200 
Hartford, CT 06106  (860) 240-0200 
http://www.cga.ct.gov/ofa 
SB-99 
AN ACT ESTABLISHING A WORKING GROUP TO STUDY 
REMOTE NOTARIAL ACTS AND THE REVISED UNIFORM LAW 
ON NOTARIAL ACTS. 
As Amended by Senate "A" (LCO 6054) 
Senate Calendar No.: 167  
 
Primary Analyst: LG 	5/3/22 
Contributing Analyst(s):    
 
 
 
 
OFA Fiscal Note 
 
State Impact: 
Agency Affected Fund-Effect FY 23 $ FY 24 $ 
Secretary of the State GF - Cost 100,000 100,000 
Various State Agencies GF - Potential 
Cost 
Minimal Minimal 
Secretary of the State GF - Potential 
Revenue Loss 
See Below See Below 
Note: GF=General Fund 
  
Municipal Impact: 
Municipalities Effect FY 23 $ FY 24 $ 
Various Municipalities Potential 
Cost 
Minimal Minimal 
  
Explanation 
This bill outlines requirements for notarial officers, permits notarial 
acts to be performed remotely, and makes additional requirements of 
the Secretary of the State (SOTS) regarding notaries. This results in a cost 
of $100,000 to the SOTS, a potential minimal revenue loss, and other 
impacts that cannot be determined at this time.  
The FY 23 costs to the SOTS include $50,000 to modify the current 
notary database and $50,000 for a consultant to provide expertise with 
the writing of regulations concerning notaries. There may be additional  2022SB-00099-R01-FN.DOCX 	Page 2 of 2 
 
 
costs associated with developing and administering a regularly 
scheduled course for certain notary public applicants.  
This bill allows the SOTS to prescribe an application fee and a 
renewal fee. The current application fee is $120, and the current renewal 
fee is $60. Any fiscal impact to the state will be dependent upon the 
amount set by the SOTS for the application and renewal fees.  
Under this bill, the SOTS may issue the notary public's certificate of 
appointment by electronic means. The bill also removes the $5 fee to 
replace a certificate of appointment. This may result in a minimal 
revenue loss.  
The bill allows the SOTS to set the rate on the fee for acts performed 
by a notary public and set the rate-per-mile to be equivalent to the 
standard mileage rate for business determined by the Internal Revenue 
Service, which is currently set at 58.5 cents per mile. The current 
statutory cap is $5, and the current rate-per-mile is 35 cents. Any fiscal 
impact will be dependent upon what the SOTS sets as the fee and 
standard mileage rate.   
Senate "A" strikes the original bill and its associated fiscal impact, 
thus becoming the bill with the above referenced fiscal impact.   
The Out Years 
The annualized ongoing fiscal impact identified above would 
continue into the future subject to application fees, renewal fees, and 
fees for acts performed by a notary public.  
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.