HB 5467 — AN ACT CONCERNING THE DESIGNATION OF A DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT EMPLOYEE FOR THE PURPOSE OF PROVIDING CONCIERGE SERVICES TO SMALL BUSINESSES.

Substitute House ofBill Representatives File No.

7235467 GeneralPublic AssemblyAct February Session, 2026Reprint of File No.

332)26-135 SubstituteAN HouseACT BillCONCERNING No.THE DESIGNATION OF A DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT EMPLOYEE FOR THE PURPOSE OF PROVIDING CONCIERGE SERVICES TO SMALL BUSINESSES.

5467 As Amended by House Amendment Schedule "A" Approved by the Legislative Commissioner April 27, 2026 AN ACT CONCERNING THE DESIGNATION OF A DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT EMPLOYEE FOR THE PURPOSE OF PROVIDING CONCIERGE SERVICES TO SMALL BUSINESSES.

(2)Hispanic Americans,including all personsofMexican,Puerto Rican, Cuban, Central or South American, or other Spanish culture or sHB5467origin, /regardless Fileof No.race;

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723 origin, regardless of race;

or (6) American Indians and persons having origins in any of the original peoples of North America and maintaining identifiable tribal affiliations through membership and participationSubstitute orHouse communityBill identification.No.

5467 participation or community identification.

For purposes of this subsection, sHB5467"concierge /services" Fileincludes, but is not be limited to, providing information and assistance relating to economic or community Public Act No.

72326-135 sHB54672 Fileof 3 Substitute House Bill No.

7235467 "concierge services" includes, but is not be limited to, providing information and assistance relating to economic or community development projects or programs administered by the department.

ThisGovernor's actAction: shall take effect as follows and shall amend the following sections:

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723 The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do 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.

OFA Fiscal Note State Impact:

Agency Affected Fund-Effect FY 27 $ FY 28 $ Department of Economic & GF - Cost See Below See Below Community Development State Comptroller - Fringe GF - Cost See Below See Below Benefits Note:

GF=General Fund Municipal Impact:

None Explanation The bill results in a cost to the Department of Economic and Community Development by requiring the agency to designate an existing department employee to provide Connecticut small businesses concierge services.

It is anticipated that DECD will need to refill the position of the employee reassigned to the small business concierge services role.

The actual cost is dependent upon the salary level of the position to be refilled.

For reference, the estimated mid-range salary for an economic and community development agent is $98,500 and associated fringe is $41,200.

House "A" requires DECD to designate an existing employee the responsibility of providing small businesses concierge services and 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 41.82% of payroll in FY 27.

sHB5467 / File No.

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723 results in the impact noted above.

The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.

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723 OLR Bill Analysis sHB 5467 (as amended by House "A")* AN ACT CONCERNING THE DESIGNATION OF A DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT EMPLOYEE FOR THE PURPOSE OF PROVIDING CONCIERGE SERVICES TO SMALL BUSINESSES.

SUMMARY This bill requires the Department of Economic and Community Development (DECD) commissioner to designate an existing department employee to give Connecticut small businesses concierge services, including information and assistance about DECD- administered economic or community development projects and programs.

*House Amendment “A” specifies that the designated employee must be an existing DECD employee.

EFFECTIVE DATE:

October 1, 2026 COMMITTEE ACTION Commerce Committee Joint Favorable Substitute Yea 20 Nay 0 (03/17/2026) sHB5467 / File No.

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