OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sSB-106 AN ACT CONCERNING LEGISLATIVE OVERSIGHT AND APPROVAL FOR THE EXPENDITURE OF FEDERAL TRANSPORTATION INFRASTRUCTURE FUNDING. Primary Analyst: PM 4/12/22 Contributing Analyst(s): DD, ME, CP, MR, CW, EW Reviewer: MM OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 23 $ FY 24 $ Various State Agencies Various - Cost Potential Significant Potential Significant Note: Various=Various Municipal Impact: None Explanation The bill establishes the Connecticut Infrastructure Strategy Board to develop and maintain a strategy and recommended allocations for funding received by the state pursuant to the Infrastructure Investment and Jobs Act. The first report under the bill is due January 1, 2023 and is subject to approval and modification by the Appropriations and Transportation Committees. The bill results in a potential significant cost to the state because it requires several state agencies, as outlined in the bill, to provide staff support to the board and allows for the procurement of consultants. The extent of this cost depends on actions taken by the board as well as available agency resources. Additionally, there may be a fiscal impact to the extent that the board's planned federal funding allocations, as approved by the committees, differ from what would have otherwise occurred, leading to changes in required state matching amounts (which vary based on 2022SB-00106-R000435-FN.DOCX Page 2 of 2 the federal program and specifics of a given project). Lastly, the bill could result in administrative expenses associated with the board itself, such as the establishment and maintenance of the board's website and the conducting of public hearings. The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to inflation and actions of the board.