OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-895
AN ACT CONCERNING DEPOSIT INITIATOR ACCOUNTS, THE
LABELING OF CERTAIN BEVERAGE CONTAINERS AND THE
REVIEW OF MUNICIPAL PROGRAMS FUNDED BY NIP
PAYMENTS.
Primary Analyst: CW 3/5/23
Contributing Analyst(s): MR
Reviewer: MM
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 24 $ FY 25 $
Revenue Serv., Dept. GF - Revenue
Loss
11.7 million None
Note: GF=General Fund
Municipal Impact: None
Explanation
The bill, which requires distributors to retain all unclaimed bottle
deposits from July 1, 2023 through December 31, 2023, results in a one-
time General Fund revenue loss of $11.7 million in FY 24.
Section 1 of the bill requires the Council on Environmental Quality
(CEQ) to include, in its annual report, a review of the environmental
programs and measures municipalities implemented with revenue
generated from the five-cent nip surcharge, which is not anticipated to
result in a fiscal impact to the CEQ. CEQ currently has existing resources
that can be used for the data gathering and analysis necessary to carry
out the review, either by filling its current staff vacancy (one of the
council’s two funded positions) or using those funds to hire an external
consultant.
The Out Years
None.