OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-993
AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE
CONNECTICUT AIRPORT AUTHORITY.
Primary Analyst: PM 3/31/23
Contributing Analyst(s): LG
Reviewer: MM
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 24 $ FY 25 $
State Resources Various -
Potential Savings
See Below See Below
Note: Various=Various
Municipal Impact: None
Explanation
Section 8 allows, rather than requires, the state to fund 90% of eligible
capital improvements at private airports. According to CAA, this
requirement has rarely been exercised; however, to the extent that the
state no longer contributes funding for capital improvements at private
airports, this section results in a potential cost savings.
The remaining sections of the bill make various changes to laws
concerning airports, aircraft, and the Connecticut Airport Authority and
either conform to current practice or otherwise do not have a fiscal
impact to the state or municipalities.
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation.