CT HB06396

Establishes automatic transfer of excess sales tax revenue from tourism-related businesses to the state-wide tourism marketing account when collections exceed the fiscal year 2011 baseline by more than 3 percent.

Applies to 17 industry classifications including restaurants, hotels, entertainment venues, amusement parks, botanical/zoological gardens, and sporting events.

Caps the annual amount transferred to the tourism account at $3 million, regardless of how much sales tax revenue exceeds the 3 percent threshold.

Takes effect July 1, 2011.