OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http: //www.cga.ct.gov/ofa

SB-1239

AN ACT CONCERNING THE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2013.

AMENDMENT

LCO No.: 5843

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 12 $

FY 13 $

Department of Revenue Services

GF - Revenue Gain

900, 000

900, 000

Note: GF=General Fund

Municipal Impact: None

Explanation

The amendment results in an estimated total revenue gain of $900, 000 annually by allowing the sale of alcohol on Sundays at places holding package store permits or grocery store beer permits twelve miles or less from the state border.

It is estimated that the allowance of sales on Sundays would increase the annual volume of alcohol sales by 2.8%. This increase would result in a $600, 000 increase in sales and use tax revenue and a $300, 000 increase in excise tax revenue, for a total revenue gain of $900, 000.

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.