LCO No. 5016 1 of 3 General Assembly Raised Bill No. 1213 January Session, 2023 LCO No. 5016 Referred to Committee on APPROPRIATIONS Introduced by: (APP) AN ACT CONCERNING THE MASHANTUCKET PEQUOT AND MOHEGAN FUND. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Section 3-55i of the general statutes is repealed and the 1 following is substituted in lieu thereof (Effective July 1, 2023): 2 (a) (1) There is established the "Mashantucket Pequot and Mohegan 3 Fund" which shall be a separate nonlapsing fund. All funds received by 4 the state of Connecticut from the Mashantucket Pequot Tribe pursuant 5 to the joint memorandum of understanding entered into by and 6 between the state and the tribe on January 13, 1993, as amended on April 7 30, 1993, and any successor thereto, shall be deposited in the General 8 Fund. [During the fiscal year] 9 (2) For the fiscal years ending June 30, 2015, [and each fiscal year 10 thereafter] to June 30, 2025, inclusive, from the funds received by the 11 state from the tribe pursuant to said joint memorandum of 12 understanding, as amended, and any successor thereto, an amount 13 equal to the appropriation to the Mashantucket Pequot and Mohegan 14 Fund for Grants to Towns shall be transferred to the Mashantucket 15 Raised Bill No. 1213 LCO No. 5016 2 of 3 Pequot and Mohegan Fund. [and shall be distributed by the Office of 16 Policy and Management, during said fiscal year, in accordance with the 17 provisions of section 3-55j] For the fiscal year ending June 30, 2026, and 18 each fiscal year thereafter, one hundred thirty-nine million three 19 hundred eighty thousand dollars of the funds deposited in the General 20 Fund pursuant to subdivision (1) of this subsection or received by the 21 state pursuant to the memorandum of understanding entered into by 22 and between the state and the Mohegan Tribe of Indians of Connecticut 23 on May 17, 1994, as amended from time to time, shall be transferred 24 from the General Fund to the Mashantucket Pequot and Mohegan Fund. 25 During each fiscal year, the Office of Policy and Management shall make 26 distributions of any funds transferred to the Mashantucket Pequot and 27 Mohegan Fund pursuant to this section in accordance with the 28 provisions of section 3-55j. The amount of the grant payable to each 29 municipality during any fiscal year, in accordance with [said] section 3-30 55j, shall be reduced proportionately if the total of such grants exceeds 31 the amount of funds available for such year. The grant shall be paid in 32 three installments as follows: The Secretary of the Office of Policy and 33 Management shall, annually, not later than the fifteenth day of 34 December, the fifteenth day of March and the fifteenth day of June 35 certify to the Comptroller the amount due each municipality under the 36 provisions of section 3-55j and the Comptroller shall draw an order on 37 the Treasurer on or before the fifth business day following the fifteenth 38 day of December, the fifth business day following the fifteenth day of 39 March and the fifth business day following the fifteenth day of June and 40 the Treasurer shall pay the amount thereof to such municipality on or 41 before the first day of January, the first day of April and the thirtieth day 42 of June. 43 (b) The transfers from the General Fund to the Mashantucket Pequot 44 and Mohegan Fund required by subsection (a) of this section shall not 45 be reduced except upon (1) submission to the General Assembly by the 46 Governor of a certification of an emergency requiring such reduction; 47 and (2) a vote of at least two-thirds of the members of each house of the 48 General Assembly approving such reduction. 49 Raised Bill No. 1213 LCO No. 5016 3 of 3 (c) The moneys available in the Mashantucket Pequot and Mohegan 50 Fund shall be paid to municipalities as specified in the general statutes 51 and biennial budget approved by the General Assembly. 52 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2023 3-55i Statement of Purpose: To change the requirements for the distribution of funds deposited into the Mashantucket Pequot and Mohegan Fund. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]