Connecticut 2023 2023 Regular Session

Connecticut Senate Bill SB01042 Introduced / Fiscal Note

Filed 05/02/2023

                    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.