The bulkhead is in the sump and connects to the inlet on my return pump. It is slip, not threaded, and the PVC is glued and has a good seal -the drip is clearly coming from the bulkhead, not the plumbing.
The seal is on the flange side (on the outside of the tank). I glued up a new on the other day as a just in case... going to swap that on in tonight and see if anything changes.