OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sSB-317 AN ACT CONCERNING UNEMPLOYMENT FOR STRIKING EMPLOYEES. Primary Analyst: CW 3/30/22 Contributing Analyst(s): Reviewer: MM OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 23 $ FY 24 $ Labor Dept. Unemployment Insurance Trust Fund - Potential Cost See Below See Below Labor Dept. Unemployment Insurance Trust Fund - Potential Revenue Gain See Below See Below Municipal Impact: None Explanation The bill, which generally makes striking workers eligible for unemployment benefits after they have been on strike for two consecutive weeks, results in a potential cost and potential revenue gain to the Unemployment Insurance (UI) Trust Fund. To the extent any striking workers become eligible for unemployment benefits as a result of the bill, this would result in a cost to the UI Trust Fund. Subsequent increases in experience ratings by employers would result in increased tax revenue to the UI Trust Fund on a lagged basis. The amounts are dependent on striking workers' benefits and affected employers' experience ratings. The Out Years 2022SB-00317-R000249-FN.DOCX Page 2 of 2 The annualized ongoing fiscal impact identified above would continue into the future subject to the number of workers and employers affected.