Connecticut 2016 Regular Session

Connecticut Senate Bill SB00452 Compare Versions

Only one version of the bill is available at this time.
OldNewDifferences
11 General Assembly Raised Bill No. 452
22 February Session, 2016 LCO No. 2631
33 *02631_______FIN*
44 Referred to Committee on FINANCE, REVENUE AND BONDING
55 Introduced by:
66 (FIN)
77
88 General Assembly
99
1010 Raised Bill No. 452
1111
1212 February Session, 2016
1313
1414 LCO No. 2631
1515
1616 *02631_______FIN*
1717
1818 Referred to Committee on FINANCE, REVENUE AND BONDING
1919
2020 Introduced by:
2121
2222 (FIN)
2323
2424 AN ACT CONCERNING THE ADMISSIONS TAX ON EVENTS AT DUNKIN' DONUTS PARK IN HARTFORD.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 Section 1. (NEW) (Effective October 1, 2016) The State Treasurer shall calculate the amount of tax imposed pursuant to section 12-541 of the general statutes, as amended by this act, on the admission charge to any athletic event presented by a class AA minor league baseball team at Dunkin' Donuts Park in Hartford on and after the date such admission charge is payable under section 12-541 of the general statutes, as amended by this act. The State Treasurer shall make such calculation on at least a quarterly basis and shall transfer the amount of such calculation from the General Fund to the Hartford minor league baseball stadium account established pursuant to section 2 of this act.
2929
3030 Sec. 2. (NEW) (Effective October 1, 2016) There is established an account to be known as the "Hartford minor league baseball stadium account" which shall be a separate, nonlapsing account within the General Fund. The account may contain any moneys required by law to be deposited in the account. The moneys in the account shall be allocated by the State Treasurer to the city of Hartford for the purpose of reducing indebtedness incurred to build a stadium in Hartford for events presented by a class AA minor league baseball team. The State Treasurer shall enter into a memorandum of understanding with the city of Hartford for the distribution and use of such moneys.
3131
3232
3333
3434
3535 This act shall take effect as follows and shall amend the following sections:
3636 Section 1 October 1, 2016 New section
3737 Sec. 2 October 1, 2016 New section
3838
3939 This act shall take effect as follows and shall amend the following sections:
4040
4141 Section 1
4242
4343 October 1, 2016
4444
4545 New section
4646
4747 Sec. 2
4848
4949 October 1, 2016
5050
5151 New section
5252
5353 Statement of Purpose:
5454
5555 To provide that admissions tax revenue from class AA minor league baseball events in Hartford be allocated to reduce indebtedness incurred to build a stadium in Hartford for such events.
5656
5757 [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]