Analyst: LG Page 1 4/28/23
OFA Bill Analysis
SB 1213
AN ACT CONCERNING THE MASHANTUCKET PEQUOT AND
MOHEGAN FUND.
SUMMARY:
The bill increases the Mashantucket Pequot and Mohegan grant by
approximately $87.9 million for a new total of $139.38 million beginning
in FY 26.
The bill also prevents this grant amount from being reduced except
by certification of an emergency from the Governor and a two-thirds
vote from the members of the General Assembly.
EFFECTIVE DATE: July 1, 2023
BACKGROUND
Mashantucket Pequot and Mohegan Grant
PA 93-388 established the Mashantucket Pequot and Mohegan Fund.
This fund is a separate, nonlapsing fund containing revenue from casino
gaming. Casino gaming revenue is deposited into the General Fund and
then transferred to the fund, in an amount equal to the grants to be
distributed. Money in this fund is distributed to municipalities
according to various factors, including the value of state-owned
property, private college and general hospitals, population, equalized
net grand list, and per capita income. Host towns receive additional
payments, and three tribes also receive grants.
Currently towns receive the same Pequot grant they received in FY
20. Since FY 16, the total grant amount has ranged from $49.9 million to
$61.7 million. In FY 23, the appropriation for this grant was
approximately $51.5 million. 2023SB-01213-R000700-BA.docx
Analyst: LG Page 2 4/28/23
COMMITTEE ACTION
Appropriations
Joint Favorable
Yea 52 Nay 0