OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sSB-1178 AN ACT CONCERNING A STUDY OF THE ELECTRONIC BUSINESS PORTAL. Primary Analyst: EW 4/1/25 Contributing Analyst(s): Reviewer: MM OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 26 $ FY 27 $ Department of Economic & Community Development GF - Cost Up to 250,000 None Note: GF=General Fund Municipal Impact: None Explanation The bill results in a one-time cost of up to $250,000 to the Department of Economic and Community Development (DECD) to conduct a study of the state's electronic business portal and submit the report to the committee of cognizance by February 1, 2026. DECD will require consulting services at a cost of up to $250,000 in order to complete the research required by the bill by February 1st. The cost may be partially mitigated to the extent that the staff in DECD or other relevant state agencies are able to assist with the study. The state currently maintains a one-stop business website at business.ct.gov. The Out Years The fiscal impact is one-time only in FY 26 and therefore does not continue into the outyears.