OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-5223
AN ACT CONCERNING MINOR REVISIONS TO AGRICULTURE
RELATED STATUTES.
As Amended by House "A" (LCO 5170)
House Calendar No.: 86
Primary Analyst: RW 5/1/24
Contributing Analyst(s): MP
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 25 $ FY 26 $
Insurance Dept. IF - Cost 50,000 None
Resources of the General Fund GF - Potential
Revenue Gain
Up to
$25,000
Up to
$25,000
Note: GF=General Fund; IF=Insurance Fund
Municipal Impact: None
Explanation
The bill results in a potential General Fund revenue gain of up to
$25,000 per year, beginning in FY 25, from requiring businesses to get
separate commercial kennel, grooming facility, and training facility
licenses from the Department of Agriculture. The annual revenue gain
will be dependent on the number of licensed commercial kennels that
are also engaged in the business of grooming or training that will need
to obtain a separate license for these operations.
The bill also requires the Insurance Department (DOI) to conduct a
feasibility study for establishing a captive insurance company to assist
farmers impacted by severe weather. This results in an Insurance Fund
cost of approximately $50,000 in FY 25 for DOI to hire an actuarial firm
with expertise in catastrophe modeling to conduct the study and
produce a report by January 1, 2025. DOI does not have the capacity to
do the study internally. 2024HB-05223-R010660-FN.DOCX Page 2 of 2
The other provisions of the bill make modifications to current statutes
that are not anticipated to result in a state or municipal fiscal impact.
House "A" added the requirement that the (DOI) conduct a feasibility
study for establishing a captive insurance company to assist farmers,
which results in an Insurance Fund cost of approximately $50,000 in FY
25 as described above.
House "A" also modifies the age when a dog or cat must be vaccinated
against rabies, which is not expected to result in a fiscal impact.
The Out Years
The annualized ongoing fiscal impact identified above will continue
subject the number of businesses applying annually for multiple
licenses.