OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-5441
AN ACT CONCERNING CLINICAL PLACEMENTS FOR NURSING
STUDENTS, THE ESTABLISHMENT OF REGISTERED
APPRENTICESHIPS FOR TEACHERS, REPORTING BY THE OFFICE
OF WORKFORCE STRATEGY, PROMOTION OF THE
DEVELOPMENT OF THE INSURANCE INDUSTRY AND A
STUDENT LOAN SUBSIDY FOR HIGH -DEMAND PROFESSIONS.
AMENDMENT
LCO No.: 8392
File Copy No.: 264
House Calendar No.: 173
Primary Analyst: SB 5/23/23
Contributing Analyst(s): (FN)
OFA Fiscal Note
See Fiscal Note Details
The amendment strikes the language of the underlying bill, replacing
it with language resulting in the fiscal impacts identified by section
below.
Section 1 creates a task force to develop a plan for establishing
clinical placements at State facilities for nursing students at public and
independent institutions of higher education resulting in no fiscal
impact to the State because the task force has the expertise to carry out
the requirements of the amendment.
Section 2 eliminates the sunset date of 10/1/25 for the Office of
Workforce Strategy (OWS) to provide an annual report on the workforce
training programs funded through the OWS. It is anticipated that OWS
can produce this report annually within existing resources. However,
the level of funding available for OWS’ workforce training programs in
is uncertain. The workforce training programs under OWS are primarily
funded through $70 million in American Rescue Plan Act (ARPA)
funds, which are required to be fully expended by the end of calendar 2023HB-05441-R00LCO08392-FNA.DOCX Page 2 of 2
year 2026. In addition, $40 million in state General Obligation (GO) bond
funds have been authorized to support OWS’ workforce training
initiatives, of which $5 million has been allocated to date.
Section 3 requires the Insurance Commissioner to promote the
development and growth of the insurance industry in Connecticut,
including employment opportunities, which has no fiscal impact
because the Insurance Department can comply with the amendment
within existing resources.
Sections 4 and 5 expand eligibility for a loan subsidy program
through the Connecticut Higher Education Supplemental Loan
Authority (CHESLA), which is anticipated to have no fiscal impact,
absent separate legislation providing additional funding for the
program. The program was financed through the authorization of $7
million of GO bonds, which were previously fully allocated by the State
Bond Commission in December of 2021. No change to debt service is
anticipated as all authorized bonds have been made available to the
program. The expanded eligibility could change the individuals able to
participate in the program, but not the total cost to the program.
Section 6 requires CHESLA to establish a new loan subsidy program
and Section 7 expands a different loan subsidy program that is being
established in pending legislation (HB 6689). The bill does not
appropriate funds or authorize bond funds for either purpose. Without
additional funding it is unclear how CHESLA would operate the
program, as they do not have funds available for this purpose.
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.