OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa SB-1042 AN ACT AUTHORIZING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO PROVIDE CAPACITY BUILDING GRANTS TO CONNECTICUT BROWNFIELD LAND BANKS. AMENDMENT LCO No.: 7218 File Copy No.: 220 Senate Calendar No.: 149 Primary Analyst: EW 5/2/23 Contributing Analyst(s): (NF) OFA Fiscal Note See Fiscal Note Details The amendment modifies the qualifications for capacity-building grants. This results in a net impact similar to impact for the underlying bill. As with the underlying bill, capacity-building grants would be funded through the Department of Economic and Com munity Development’s Brownfields Remediation bond funded program. Background sSB 980, An Act Authorizing and Adjusting Bonds of the State, includes $35 million of new GO bond authorizations in each of FY 24 and FY 25 for the Brownfields Remediation program. 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.