OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-431
AN ACT CONCERNING REFERENDA, INDEPENDENT
EXPENDITURES AND CERTAIN OTHER POLITICAL SPENDING.
Primary Analyst: LG 4/13/22
Contributing Analyst(s): CP
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 23 $ FY 24 $
Elections Enforcement
Commission
GF - Potential
Revenue Gain
See Below See Below
Note: GF=General Fund
Municipal Impact: None
Explanation
This bill makes various changes to laws affecting campaign finance
and elections that is not anticipated to result in a fiscal impact to the
state or municipalities.
The bill increases the maximum penalties the State Elections
Enforcement Commission (SEEC) may impose for failing to file certain
independent expenditure reports. Under this bill, the maximum penalty
may be up to $50,000 or 10 times the amount of any unreported
expenditures, whichever is greater, and is dependent on the type of
penalty. Potential revenue gain will be dependent on the type and the
number of penalties.
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation.