OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

SB-326

AN ACT CONCERNING MIXED MARTIAL ARTS.

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 13 $

FY 14 $

Department of Emergency Services and Public Protection

GF - Cost

$25,000-$75,000

$25,000-$75,000

Department of Revenue Services

GF - Revenue Gain

$53,000-$98,000

$53,000-$98,000

Note: GF=General Fund

Municipal Impact: None

Explanation

The bill, which allows the Department of Emergency Services and Public Protection to regulate professional mixed martial arts matches, would result in a cost of $25,000 to $75,000. The estimated cost to regulate each match is roughly $8,000. The agency may also incur overtime and other expenses related to regulation and legal review of applications, totaling up to $50,000 annually. The analysis assumes roughly three professional events annually, based on the number of professional boxing matches that currently occurs.

Assuming that revenue and costs from mixed martial arts are similar to the revenue and costs generated by boxing and wrestling, the bill results in a revenue gain of $53,000 to $98,000 annually. This revenue is associated with license, permit, and admission tax revenue.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.

Sources:

Department of Revenue Services