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Connecticut panel passes plan with fees on fantasy sports

Connecticut lawmakers have passed a proposed tax package that expects to raise about $9.5 million from fantasy sports to help balance the state's deficit-plagued budget.  It would impose an 8.75 percent surcharge on total entry fees fantasy sports operators collect.


A Democratic tax package cleared the Finance Revenue and Bonding Committee 30-to-21.  The bill, which needs approval from the full legislature, also requires the state to adopt regulations for fantasy sports.

Like the spending package approved Wednesday, this bill is based on January revenue estimates when Connecticut's deficit was $570 million. It's now at least $900 million.

The bill repeals sales taxes on coin-operated car washes, baby diapers and feminine hygiene products while reducing taxes on luxury goods, boats and ambulatory surgical centers over time.

 

Wilton Senator Toni Boucher says the package includes broken promises.  She says one of those promises is not to have tax increases.  But she says this plan includes a municipal filing fee increase of 10 times, bringing the fee from $2 to $20.  She says there is also 50-percent fee increases on other things.

 

A new fee would be imposed on businesses that collect sales taxes.  Danbury Senator Mike McLachlan is concerned with that proposal.  He says that's like another nail in the coffin and people will be up in arms.

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Rich Valdes

Local Headlines