OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
SB-388
AN ACT DESIGNATING INDIGENOUS PEOPLES' DAY AS A
LEGAL HOLIDAY.
Primary Analyst: WL 4/15/24
Contributing Analyst(s): DD, LG, NN
Reviewer: MM
OFA Fiscal Note
State Impact: None
Municipal Impact: None
Explanation
The bill establishes Indigenous Peoples’ Day as a state holiday but
doesn’t establish the date for the holiday. Due to the lack of a specific
date to observe the holiday, nor the capacity to establish a date to
observe the holiday, there is no fiscal impact of the bill.
Typically, the establishment of a new state holiday is estimated to
result in annual costs to the state of up to $2.3 million and municipalities
of up to $200,000. There is an additional fiscal impact associated with
fringe benefit costs for those essential workers that would accrue
overtime pay for working on the newly established state holiday at a
rate of 20.81% of payroll for hazardous positions and 12.86% for normal
positions.
The Out Years
State Impact: None
Municipal Impact: None