OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-123
AN ACT EXPANDING ELIGIBILITY FOR THE ADDRESS
CONFIDENTIALITY PROGRAM.
Primary Analyst: LG 4/1/22
Contributing Analyst(s): CP
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 23 $ FY 24 $
Secretary of the State Commercial
Recording
Division Account
- Cost
Minimal Minimal
Note: GF=General Fund
Municipal Impact: None
Explanation
This bill expands the address confidentially program administered
by the Secretary of the State (SOS). The program is funded from the
budgetary resources of the Commercial Recording Division account
1
and results in a postage cost to the SOS to forward the participants' mail.
The extent of the cost is expected to be minimal but will depend on the
number of new participants.
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation.
1
The Commercial Recording Division within the Secretary of the State's office files and
maintains legally required records showing the formation of and fundamental changes
to corporations, limited liability companies, limited liability partnerships, limited
partnerships and other businesses. The Commercial Recording Division account is a
restricted non-lapsing account within the General Fund.