Connecticut panel mulls tax on fantasy sports, other changes - WFSB 3 Connecticut

Connecticut panel mulls tax on fantasy sports, other changes

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In this Oct. 25, 2015, photograph, workers set up a DraftKings promotions tent in the parking lot of Gillette Stadium, in Foxborough, Mass. (Source: AP Photo/Charles Krupa) In this Oct. 25, 2015, photograph, workers set up a DraftKings promotions tent in the parking lot of Gillette Stadium, in Foxborough, Mass. (Source: AP Photo/Charles Krupa)
HARTFORD, CT (AP) -

Connecticut lawmakers are considering a new tax on fantasy sports to help balance the state's deficit-plagued budget.

A Democratic tax package that's up for a vote Thursday in the Finance Revenue and Bonding Committee would impose an 8.75 percent surcharge on total entry fees fantasy sports operators collect. Lawmakers hope the new tax will initially generate $9.5 million.

The bill requires the Department of Consumer Protection to adopt regulations for fantasy sports, including registration fees for operators.

Like the spending package approved Wednesday, this tax bill is based on January revenue estimates when Connecticut's deficit was $570 million. It's now at least $900 million.

The bill repeals sales taxes on coin-operated car washes and feminine hygiene products while reducing taxes on luxury goods, boats and ambulatory surgical centers over time.

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