Connecticut 2021 2021 Regular Session

Connecticut Senate Bill SB00570 Introduced / Fiscal Note

Filed 04/30/2021

                    OFFICE OF FISCAL ANALYSIS 
Legislative Office Building, Room 5200 
Hartford, CT 06106  (860) 240-0200 
http://www.cga.ct.gov/ofa 
sSB-570 
AN ACT AUTHORIZING A TRIBAL RESORT -CASINO IN 
BRIDGEPORT, SPORTS WAGERING, ONLINE CASINO GAMING 
AND ONLINE LOTTERY. 
AMENDMENT 
LCO No.: 7585 
File Copy No.: 396 
Senate Calendar No.: 250  
 
Primary Analyst: DD 	4/30/21 
Contributing Analyst(s):  	() 
 
 
 
 
OFA Fiscal Note 
 
State Impact: None  
Municipal Impact: 
Municipalities Effect FY 22 $ FY 23 $ 
Bridgeport 	Revenue 
Loss 
See Below See Below 
Stratford 	Revenue 
Gain 
See Below See Below 
  
Explanation 
The amendment results in an approximately $520,000 increase in the 
amount owed to the Town of Stratford under State Property PILOT 
statute, and correspondingly results in a $520,000 decrease in the 
amount owed to the City of Bridgeport under the grant program. It does 
so by requiring the entire State Property PILOT payment for Sikorsky 
Airport to be paid to Stratford, rather than requiring 50% of the payment 
to be paid to Bridgeport. 
The actual impact to either town will depend on the amount of 
funding provided for the State Property PILOT grant in FY 22 and 
annually thereafter. PA 21-3 specifies a wealth-based, proportionate 
distribution method for the grant in the event that appropriations are  2021SB-00570-R00LCO07585-FNA.DOCX 	Page 2 of 2 
 
 
insufficient to fully fund the grant. 
As the amendment shifts funding between towns, there is no impact 
on the overall cost to the State to fully fund the State Property PILOT. 
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely 
for the purposes of information, summarization and explanation and does not represent the intent of the General 
Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of 
informational sources, including the analyst’s professional knowledge. Whenever applicable, agency data is 
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any 
specific department.