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CT HB07239
Bill
Status
3/2/2017
Primary Sponsor
Public Safety and Security Committee
Click for details
AI Summary
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Commissioners of Consumer Protection and Economic and Community Development must issue a request for proposals by January 1, 2018, to qualify entities to develop, manage, and operate a casino gaming facility in the state.
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Responses must include a municipal development agreement approved by referendum requiring annual payments of at least $8 million, capital investment of at least $300 million, and a licensing fee of at least $250 million for a ten-year license.
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Responders must demonstrate business experience, financial stability, provide facility designs and construction timelines, and estimate employment numbers including employee pay and benefits.
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Operators must agree to pay the state a minimum of 35% of gross gaming revenue from slot machines and 10% from all other games, and must address gambling harm mitigation and small business enterprise participation.
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No casino gaming facility may operate until the General Assembly enacts separate legislation authorizing casino operations; the Mashantucket Pequot Tribe and Mohegan Tribe are exempt from the $5 million application fee.
Legislative Description
An Act Concerning A Request For Proposals To Qualify An Entity To Develop A Casino Gaming Facility In The State.
Last Action
File Number 296
3/29/2017