Connecticut 2024 2024 Regular Session

Connecticut House Bill HB05273 Introduced / Fiscal Note

Filed 04/03/2024

                    OFFICE OF FISCAL ANALYSIS 
Legislative Office Building, Room 5200 
Hartford, CT 06106  (860) 240-0200 
http://www.cga.ct.gov/ofa 
sHB-5273 
AN ACT CONCERNING THE RECOMMENDATIONS OF THE 
INTERGOVERNMENTAL POLICY AND PLANNING DIVISION 
WITHIN THE OFFICE OF POLICY AND MANAGEMENT.  
 
Primary Analyst: LG 	3/30/24 
Contributing Analyst(s): DD, JP   
Reviewer: RW 
 
 
 
OFA Fiscal Note 
 
State Impact: 
Agency Affected Fund-Effect FY 25 $ FY 26 $ 
Policy & Mgmt., Off. GF - Potential 
Revenue Gain 
Up to 1,400 Up to 1,400 
Policy & Mgmt., Off. GF - Potential 
Savings 
Minimal Minimal 
Note: GF=General Fund 
  
Municipal Impact: 
Municipalities Effect FY 25 $ FY 26 $ 
Various Municipalities Potential 
Revenue 
Gain 
Minimal Minimal 
Special Districts 	Potential 
Cost 
Minimal Minimal 
Local and Regional School 
Districts 
Potential 
Revenue 
Gain 
See Below See Below 
  
Explanation 
The bill makes various changes to municipalities and programs 
administered by the Office of Policy and Management (OPM) described 
below.  
The bill requires special service districts to submit annual mill rate 
and tax levy information to OPM and subjects them to a $100 fine for 
failing to meet this requirement. This results in a potential minimal cost  2024HB-05273-R000227-FN.DOCX 	Page 2 of 3 
 
 
to the special service districts and corresponding revenue gain to OPM. 
As of 2021, there were 14 special service districts.
1
 If each of these failed 
to report the information to OPM, it would result in a revenue gain of 
$1,400 to OPM beginning in FY 25.  
The bill eliminates a requirement for municipalities to submit a letter 
with certain funding applications if the municipality fails to update its 
plan of conservation and development. Beginning in FY 25 only 
applications that are for discretionary funding of greater than $25,000 
must include this letter. Failure to submit this letter results in 
disqualification from discretionary funding. This results in a potential 
revenue gain to municipalities beginning in FY 25 to the extent less 
municipalities are disqualified from discretionary funding.  
There is also a potential grand list shift in out years. This is associated 
with a reduction from 25% to 20% in the minimum revaluation phase-
in for revaluation increases. This aligns with current law that allows 
municipalities to phase-in the revaluation over five years.  
The bill also expands eligible purposes for which OPM can award 
regional performance incentive program (RPIP) grants. This results in a 
potential revenue gain to Regional Education Service Centers (RECS) 
and Councils of Government beginning in FY 25 to the extent additional 
grants are awarded.  
 The bill shortens the application period for the Renters Rebate 
program by one day and eliminates the extension period for renters 
possessing a physician's or advanced practice registered nurse's 
certificate.  This may result in potential savings for the Office of Policy 
and Management beginning in FY 25 as they could see less applicants 
due to the deadline adjustments. 
The bill makes various other changes including eliminating obsolete 
                                                
1
 These special service districts are located in the following municipalities: Bridgeport, 
Danbury, Hartford, Manchester, Middletown, New Britain, New Haven, New 
London, Stamford, and West Hartford.   2024HB-05273-R000227-FN.DOCX 	Page 3 of 3 
 
 
grant programs that do not result in a fiscal impact.  
The Out Years 
The annualized ongoing fiscal impact identified above would 
continue into the future subject to inflation, fines, and grants awarded.