CT HB07055

Commissioner of Consumer Protection shall issue a request for proposals by November 1, 2019 for individuals, business organizations, or Indian tribes to develop and operate a resort-casino facility in Connecticut.

Proposals must include a development agreement approved by municipal referendum by January 1, 2020, requiring minimum annual payments of $8 million to the municipality and a revenue-sharing plan for surrounding municipalities.

Applicants must commit to a minimum investment of $500 million, employ at least 2,000 workers, pay a $50 million licensing fee, and agree to pay the state a minimum of 25% of gross gaming revenue from all games and 10% from video slot machines.

Proposals require workforce development agreements, labor neutrality agreements with organized labor, responsible gaming plans, and detailed plans for using small contractors, minority business enterprises, and veteran-owned businesses.

Proposals must be submitted by January 1, 2020 with a $5 million refundable fee; the commissioner shall select one qualified applicant and report to the General Assembly by April 1, 2020, though no resort-casino may operate until the legislature enacts authorizing legislation.