OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-5507
AN ACT CONCERNING STATE AGENCY AND COURT
PROCEEDINGS RELATING TO ELECTRIC TRANSMISSION LINES.
Primary Analyst: TM 4/15/24
Contributing Analyst(s):
Reviewer: PR
OFA Fiscal Note
State Impact: None
Municipal Impact:
Municipalities Effect FY 25 $ FY 26 $
Various Municipalities Potential
Revenue
Gain
See Below See Below
Explanation
The bill alters procedures in the Sitting Council's review process to
increase municipal participation, include additional considerations, and
increase existing reporting requirements for Sitting Council approval
resulting in no direct fiscal impact to the state and potential revenue
gain for some municipalities.
The bill increases existing grants distributed from the municipal
participation account within the General fund from $25,000 to $75,000
for municipalities to offset some participation costs. The bill also
increases the cost of the municipal participation fee for certain
applicants from $25,000 to $75,000 with any unused funding returned to
the applicant upon completion of the Sitting Council process. This
results in potential revenue to some municipalities to the extent that the
additional funding offsets current participation costs. 2024HB-05507-R000493-FN.DOCX Page 2 of 2
Ratepayer Impact Statement
1
The bill creates a variety of new requirements for certain applicants
to receive Sitting Council approval concerning, land acquisition,
easements, municipal participation, and electric load and system
performance and results in a potential rate increase. Additional
reporting and survey requirements may result in a cost to electric
distribution companies that would be passed onto ratepayers through
the rate recovery process. The actual impact would depend on the
additional recoverable costs incurred.
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation and the number of
proceedings that are required.
1
The state and municipalities are ratepayers and therefore may be impacted by policy
changes that affect electric rates.