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CT SB00861

Bill

Status

Introduced

2/17/2017

Primary Sponsor

Energy and Technology Committee

Click for details

Origin

Senate

2017 General Assembly

AI Summary

  • Requires bills with financial impacts on electric ratepayers to include a ratepayer impact statement beginning with the 2019 legislative session, effective July 1, 2019.

  • Ratepayer impact statements must be prepared by the Office of Fiscal Analysis and assess whether a bill would likely increase, decrease, or have no impact on electricity costs for the majority of Connecticut electric ratepayers.

  • Bills with ratepayer impact requirements cannot be acted upon by either house without the statement appended, mirroring existing fiscal note requirements.

  • Amends existing fiscal note requirements to clarify that bills affecting personal income tax or corporation business tax must identify impacts on the Budget Reserve Fund deposits, effective July 1, 2019.

  • Modifies General Statutes Section 2-24 to require ratepayer impact statements be printed on bills alongside fiscal notes, effective July 1, 2017.

Legislative Description

An Act Concerning Ratepayer Impact Statements.

Last Action

Favorable Report, Tabled for the Calendar, Senate

5/9/2017

Committee Referrals

Appropriations5/3/2017
Energy and Technology2/17/2017

Full Bill Text

No bill text available