OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-6397
AN ACT CONCERNING ZERO -CARBON EMISSIONS.
Primary Analyst: MT 3/28/23
Contributing Analyst(s): LG
Reviewer: MM
OFA Fiscal Note
State Impact: None
Municipal Impact:
Municipalities Effect FY 24 $ FY 25 $
Various Municipalities Revenue
Gain
Potential Potential
Explanation
The bill calls for the Department of Energy and Environmental
Protection (DEEP) in concert with other state agencies to seek more
federal grant dollars for the organization and for individuals across the
state to invest in reducing cost and building clean and renewable energy
resources. The Department in concert with Public Utilities Regulatory
Agency would create a taskforce to provide oversight to the state Global
Warming Solutions Act and the shift to zero carbon. The taskforce itself
would add no additional cost to the state.
The bill will result in a potential revenue gain to municipalities
beginning in FY 24 to the extent federal funds are made available to
install certain energy systems in all newly constructed commercial and
residential buildings. The bill requires DEEP and the Department of
Administrative Services (DAS) to help municipalities obtain federal
funds to install these systems. To the extent federal funds are not
available to municipalities, they will not be required to install the
systems.
The Out Years 2023HB-06397-R000305-FN.DOCX Page 2 of 2
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation.