OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa SB-473 AN ACT CONCERNING THE STATE CONTRACTING STANDARDS BOARD. AMENDMENT LCO No.: 5479 File Copy No.: 474 Senate Calendar No.: 339 Primary Analyst: LG 4/26/22 Contributing Analyst(s): () OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 23 $ FY 24 $ Governmental Accountability, Off. GF - Eliminates Cost in Bill 467,055 467,055 Governmental Accountability, Off.; GF - Potential Cost Up to 454,355 Up to 454,355 Note: GF=General Fund Municipal Impact: None Explanation This amendment strikes section 2 and section 52 which removes the requirement for the State Contracting Standards Board (SCSB) under the Office of Governmental Accountability (OGA) to hire five employees and eliminates the appropriation of $467,055 for the SCSB. The amendment also modifies the language in section 4 which allows, instead of requires, the SCSB to employ necessary employees. This results in a potential annual cost of up to $454,355 to the OGA for salaries in FY 23 and FY 24. The amendment also removes quasi-public agencies from privatization law and makes various technical and conforming changes 2022SB-00473-R00LCO05479-FNA.DOCX Page 2 of 2 which result in no fiscal impact to the state. 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.