OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-6798
AN ACT CONCERNING CONCRETE MIXTURES INTENDED FOR
USE IN RESIDENTIAL BUILDING FOUNDATIONS.
AMENDMENT
LCO No.: 7775
File Copy No.: 537
House Calendar No.: 332
Primary Analyst: MP 5/16/23
Contributing Analyst(s): ME (NF)
OFA Fiscal Note
State Impact: None
Municipal Impact: None
Explanation
The amendment strikes the underlying bill and its associated fiscal
impact, resulting in the fiscal impact below.
Sections 1-2 require the captive insurance company, established by
the state to provide financial assistance to homeowners with crumbling
foundations, to develop eligibility guidelines for the approval of
contractors and other vendors to perform concrete foundation repairs
or replacements. As the captive is a non-profit licensed insurer and not
a state agency, any costs that may be incurred by the captive to develop
the eligibility guidelines and to approve contractors accordingly would
not result in a fiscal impact to the state or municipalities.
Under the amendment, the eligibility guidelines must include a
requirement that such contractors or vendors demonstrate adherence to
industry best practices in the procurement, testing and installation of
concrete, to the satisfaction of the captive insurance company.
Currently, the captive requires participating contractors to comply with
a vetting process created by the Capitol Region Council of Governments 2023HB-06798-R00LCO07775-FNA.DOCX Page 2 of 2
(CRCOG), which hosts a list of eligible contractors on its website as a
public service. Inclusion of the amendment’s additional eligibility
criteria is not anticipated to have a fiscal impact on the state or
municipalities because it does not change the amount of state resources
provided to the captive for assisting homeowners with crumbling
foundations.
Section 3 adds a provision to an existing unfair trade practice
violation concerning concrete foundation repairs resulting in no fiscal
impact to the state as violations are not anticipated.
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.