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.
AMENDMENT
LCO No.: 8101
File Copy No.: 33
Senate Calendar No.: 50
Primary Analyst: CW 5/17/23
Contributing Analyst(s): ()
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 24 $ FY 25 $
Department of Revenue Services GF - Eliminates
Revenue Loss in
Bill
11.7 million None
Note: GF=General Fund
Municipal Impact: None
Explanation
The amendment, which eliminates the provision of the bill requiring
distributors to retain all unclaimed bottle deposits from July 1, 2023
through December 31, 2023, eliminates the General Fund revenue loss
of $11.7 million in FY 24 identified in the fiscal note on the underlying
bill.
The remaining provisions of the amendment establish redemption
limits, require distributors and dealers to undertake consumer
education efforts, and make other technical changes that do not result
in any fiscal impact to the state or municipalities.
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 2023SB-00895-R00LCO08101-FNA.DOCX Page 2 of 2
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any
specific department.