Connecticut Senate Bill SB00569

Connecticut 2023 Regular Session

• Introduced: 1/18/23
• Refer: 1/18/23

Caption

An Act Allowing A Waiver Of Interest On A Lottery Sales Agent's Delinquency Assessment Due To Hardship.

Impact

The proposed changes in SB 569 could significantly impact lottery sales agents across the state. By enabling the waiver of interest on delinquency assessments, the bill underscores a supportive stance towards agents affected by economic hardships. This could help stabilize their operations by alleviating financial burdens that might otherwise lead to the closure of businesses or further debts. It could be seen as a proactive measure to retain agents, which is beneficial for the state's lottery revenue.

Summary

Senate Bill 569 proposes an amendment to Connecticut's existing legislation concerning lottery sales agents. The bill seeks to allow the president of the Connecticut Lottery Corporation the discretion to waive interest on delinquency assessments owed by lottery sales agents, given that the agents can demonstrate financial hardship. This is aimed at providing relief for agents who may be struggling to meet their financial obligations during tough economic times.

Contention

While the intent of SB 569 is to support lottery sales agents, there may be points of contention surrounding the criteria for determining 'hardship'. Concerns could arise regarding how these criteria are applied and whether the waivers might open the door for misuse or inconsistency in decision-making. Furthermore, there could be debates on the financial implications for the Connecticut Lottery Corporation as they may face challenges in balancing revenue generation against the potential loss of income from waived interest.