OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-1224
AN ACT CONCERNING THE CITIZENS' ELECTION PROGRAM
AND CERTAIN INFLATIONARY ADJUSTMENTS.
Primary Analyst: MT 4/17/23
Contributing Analyst(s):
Reviewer: EW
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 24 $ FY 25 $
Resources of the Citizen's
Election Fund
GF - Potential
Cost
See Below See Below
Note: GF=General Fund
Municipal Impact: None
Explanation
This bill results in a potential cost to the Citizen's Election Program
(CEP). The bill lowers the threshold for qualifying donations and
defines the number of in district (for state legislature) or in state
(statewide office) donors before a candidate can qualify for CEP
funding. This could potentially increase the number of candidates that
could qualify for the program and increase the costs of the program. The
exact increase would depend on the number of candidates that would
qualify and apply for CEP funding.
The Citizens Election Fund ended 2022 with a remaining balance
of $31,750,622.
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation and participation in the
Citizens Election Program.