OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sHB-6910 AN ACT RESTORING THE CITIZENS' ELECTION PROGRAM. Primary Analyst: MT 4/17/23 Contributing Analyst(s): OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 24 $ FY 25 $ FY 26 $ Resources of the Citizen's Election Fund GF - Cost See below See below Up to 12,000,000 Note: GF=General Fund Municipal Impact: None Explanation This bill would have a cost of up to $12,000,000 beginning in FY 26. The bill raises the existing maximum grant for gubernatorial candidates from $6,000,000 adjusted for inflation to $12,000,000 adjusted for inflation. The bill also through this process impacts minor party grants made available through the Citizen's Election Program (CEP) for minor parties that achieved at least 20% of the vote share in the last election or achieve petition signatures of up to 20% of the electorate but may receive a partial grant beginning at 10%. This may have an impact in the future, but the threshold has not previously been achieved by a minor party candidate for a governor's office race since the program's inception 1. The bill also adjusts the number of qualifying contributions to receive funding through the CEP and adjusts the calculation for how inflation is applied to CEP grants. This begins calculating inflation from 2023's figures in FY 26 and shortens the lookback period in FY 30 to FY 1 The independent candidate in the 2022 Gubernatorial election received 1% of statewide votes. Some candidates operating on two tickets did not receive above 10% threshold on the non-major party line. 2023HB-06910-R000628-FN.DOCX Page 2 of 2 26 at that point. The law additionally adjusts for the number of qualifying contributions 2 (QC's) required to qualify for CEP grants. the bill caps the inflation adjustments to the maximum QC by an individual at the broadly applicable contribution limits for the relevant office set in state campaign finance law. It also requires that participating statewide office candidates receive QCs from a minimum number of contributors. The bill makes additional changes requiring filing and altering calculations that must be completed by the state elections enforcement commission (SEEC). The SEEC can complete this within existing staff. The bill also establishes funding for special elections by allowing participating candidates to receive a CEP grant for a new election or primary ordered by a court or for adjourned elections and primaries (i.e., a tie). Section 6 of the bill requires an undefined transfer to be completed to the CEP beginning in FY 24. The value required is unknown at this time. The Citizens Election Fund ended 2022 with a remaining balance of $31,750,622. The Out Years The annualized ongoing fiscal impact identified above would continue subject to inflation, and participation within the program. 2 The bill would specify the number of contributors from in state requiring 2,250 contributors for Governor's Office, and 675 for all other statewide offices.