OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa SB-1146 AN ACT CONCERNING REVISIONS TO VARIOUS PROGRAMS OF THE DEPARTMENT OF ENERGY AND ENVIRONMENTAL PROTECTION. AMENDMENT LCO No.: 9182 File Copy No.: 517 Senate Calendar No.: 313 Primary Analyst: MT 6/2/23 Contributing Analyst(s): (PC) OFA Fiscal Note Potential Cost The amendment would require offshore wind providers to pay a mitigation fee of $2,000,000; and would then be required to make additional payments to be determined by the mitigation fund manager and approved by the Public Utilities Regulatory Agency (PURA). The amendment establishes an Offshore Wind Emergency Mitigation Fund Oversight Committee to oversee the dispersal and utilization of the fund. The fund is to be distributed through an independent contractor hired by the Department of Administrative Services (DAS). The cost of the amendment will depend on how closely the assessed fees correspond to the costs of environmental damage year to year.