CT SB01019

Expands fiscal note requirements for bills to include estimated costs and revenue impacts to businesses, not just state and municipal governments.

Requires fiscal notes to estimate the number of businesses subject to bill provisions and projected compliance costs including reporting, recordkeeping, and administrative expenses.

Modifies Section 2-24 to mandate fiscal notes when bills would require business expenditures or affect business revenue in addition to existing requirements for state and municipal fiscal impacts.

Updates the Legislative Office of Fiscal Analysis duties under Section 2-71c to include preparing fiscal notes that address business impacts on bills requiring expenditure or affecting revenue.

Effective October 1, 2015.