OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
SB-1455
AN ACT CONCERNING CERTAIN BUSINESS REPORTING
REQUIREMENTS.
Primary Analyst: CR 3/31/25
Contributing Analyst(s):
Reviewer: MM
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 26 $ FY 27 $
Labor Dept. GF - Savings 354,143 642,417
State Comptroller - Fringe
Benefits
1
GF - Savings 68,877 108,999
Note: GF=General Fund
Municipal Impact: None
Explanation
The bill, which eliminates certain expanded employer data reporting
requirements, results in savings to (1) the Department of Labor (DOL)
of $354,143 in FY 26 and $642,417 in FY 27 and (2) the State Comptroller-
Fringe Benefits account of $68,877 in FY 26 and $108,999 in FY 27.
The positions DOL would not need to hire as a result of the bill are a
Research Analyst in FY 26 ($93,863 in salary, $7,047 i n
overhead/equipment, and $38,211 in fringe benefits), and another
similar position in FY 27 ($192,418 in salaries, $12,872 in
overhead/equipment, and $78,334 in fringe benefits). These positions
would be in addition to the related Research Analyst position that was
funded in the FY 23 Revised Budget, but which would no longer be
needed. The savings associated with this already-funded position are
1
The fringe benefit costs for most state employees are budgeted centrally in accounts
administered by the Comptroller. The estimated active employee fringe benefit cost
associated with most personnel changes is 40.71% of payroll in FY 26. 2025SB-01455-R000341-FN.DOCX Page 2 of 2
$110,444 in each FY 26 and FY 27 ($75,327 in salary, $4,452 in
overhead/equipment, and $30,666 in fringe benefits for each fiscal year).
Additionally, the bill precludes the need for $173,454 in FY 26 and
$357,348 in FY 27 to make technology changes in order to receive the
additional data.
The Out Years
The savings related to the permanent positions would continue into
the future subject to inflation.