OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
EMERGENCY CERTIFICATION
HB-7067
AN ACT CONCERNING AN EMERGENCY CERTIFICATE OF NEED
APPLICATION PROCESS FOR TRANSFERS OF OWNERSHIP OF
HOSPITALS THAT HAVE FILED FOR BANKRUPTCY
PROTECTION, THE ASSESSMENT OF MOTOR VEHICLES FOR
PROPERTY TAXATION, A PROPERTY TAX EXEMPTION FOR
VETERANS WHO ARE PERMANENTLY AND TOTAL LY DISABLED
AND FUNDING OF THE SPECIAL EDUCATION EXCESS COST
GRANT.
Primary Analyst: JP 2/24/25
Contributing Analyst(s): CF, LG, CW
Reviewer: RW
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 25 $
Education, Dept. GF - Cost 40 million
Note: GF=General Fund
Municipal Impact:
Municipalities Effect FY 26 $ FY 27 $
All Municipalities Potential
Grand List
Increase
See Below See Below
Various Municipalities Net Grand
List
Increase
See Below See Below
Municipalities Effect FY 25 $
Local and Regional School Districts Revenue Gain 40 million
Explanation
The bill makes various changes that result in the impacts described
below. 2025HB-07067-R00-FN.DOCX Page 2 of 3
Section 1 requires the Office of Health Strategy (OHS) and its Health
Systems Planning Unit (HSPU) to develop and implement an
emergency Certificate of Need application process. There is no fiscal
impact to the agency since OHS and the HSPU currently possess the
staff and resources necessary to meet the requirements of the bill.
Section 2 results in a potential Grand List increase to municipalities
to the extent they choose to change the depreciation schedule for motor
vehicles. The section allows municipalities to vote to increase the
depreciation schedule for motor vehicles by five percentage points for
each year beginning with the 2024 Grand List (FY 26), which may result
in a Grand List increase.
Section 3 requires municipalities that change the depreciation
schedule to (1) hear appeals related to the assessment of property for an
additional time period and (2) send any changes to the Office of Policy
and Management. This may result in a potential cost to municipalities
in FY 25 associated with an increased number of appeal hearings.
The section also permits municipalities to make changes to their FY
26 budget and taxes that have been levied for FY 26. Any impact will be
dependent on changes made to the FY 26 budget and taxes that have
already been levied.
Sections 4 and 5 result in a net grand list increase for municipalities
in FY 26 and FY 27 to the extent that veterans with a permanently and
totally disabled determination and a disability rating of less than 100%
no longer qualify for the total property tax exemption described in
Subdivision (83) of Section 12-81 of the CT General Statutes, and are
subsequently made subject to the provisions of Subdivision (20) of
Section 12-81.
Section 6 results in the same impact as Section 3 for municipalities
that adjust and republish their 2024 Grand List due to changes related
to Sections 4 and 5.
Section 7 appropriates an additional $40 million in FY 25 to the State 2025HB-07067-R00-FN.DOCX Page 3 of 3
Department of Education for Excess Cost. The Excess Cost grant
reimburses local and regional boards of education for eligible special
education expenses. The current FY 25 appropriation is approximately
$181.1 million. This section results in a corresponding revenue gain to
local and regional boards of education of $40 million in FY 25. The
revenue gain to a board of education will depend on its reimbursement
tier and the amount of eligible expenditures.
The appropriation results in the budget being under the spending cap
by approximately $127.1 million in the current fiscal year (FY 25).
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation and the number of qualifying
veterans.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely
for the purposes of information, summarization and explanation and does not represent the intent of the General
Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of
informational sources, including the analyst’s professional knowledge. Whenever applicable, agency data is
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any
specific department.