OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa SB-418 AN ACT CONCERNING WAGE THEFT. AMENDMENT LCO No.: 4666 File Copy No.: 253 Senate Calendar No.: 204 Primary Analyst: CW 4/19/22 Contributing Analyst(s): () OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 23 $ FY 24 $ Labor Dept. GF - Eliminates Cost in Bill 81,819 None State Comptroller - Fringe Benefits 1 GF - Eliminates Cost in Bill 31,135 None Labor Dept. GF - Eliminates Revenue Gain in Bill Up to 375,000 None Note: GF=General Fund Municipal Impact: None Explanation The amendment, which delays the effective date of the bill, eliminates the fiscal impacts identified in FY 23 on the underlying bill. 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. 1 The fringe benefit costs for most state employees are budgeted centrally in accounts administered by the Comptroller. The estimated active employee fringe benefit cost associated with most personnel changes is 40.53% of payroll in FY 23.