Connecticut SB 388: AN ACT CONCERNING THE MASHANTUCKET PEQUOT AND MOHEGAN FUND.

Bill Text

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General Assembly  
Substitute Bill No. 388  
February Session, 2026 
 
 
 
 
 
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  Section  3-55i  of  the  general  statutes  is  repealed  and  the 1 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, 2026): 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] Mashantucket Pequot Tribe on January 7 
13,  1993,  as  amended  on  April  30,  1993,  and  any  successor  thereto, or 8 
from  the  Mohegan  Tribe  of  Indians  of  Connecticut  pursuant  to  the 9 
memorandum of understanding entered into by and between the state 10 
and  the  Mohegan  Tribe  of  Indians  of  Connecticut  on  May  17,  1994,  as 11 
amended  from  time  to  time, shall  be  deposited  in  the  General  Fund. 12 
[During the fiscal year] 13 
(2)  For  the  fiscal  years ending  June  30, 2015, [and  each  fiscal  year 14 
thereafter] to  June  30,  2027,  inclusive, from  the  funds received  by  the 15 
state    from   the    tribe    pursuant    to    said    joint    memorandum    of 16 
understanding,  as  amended,  and  any  successor  thereto, an  amount 17 
equal  to  the  appropriation  to  the  Mashantucket  Pequot  and  Mohegan 18 

Substitute Bill No. 388 
 
 
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Fund  for  Grants  to  Towns shall  be  transferred  to  the  Mashantucket 19 
Pequot  and  Mohegan  Fund  and  shall  be  distributed  by  the  Office  of 20 
Policy and Management, during said fiscal [year] years, in accordance 21 
with the provisions of section 3-55j. For the fiscal year ending June 30, 22 
2028, and each fiscal year thereafter, one hundred fifty-two million three 23 
hundred seventy-eight thousand six hundred seventy-six dollars of the 24 
funds deposited in the General Fund pursuant to subdivision (1) of this 25 
subsection   shall   be   transferred   from   the   General   Fund   to   the 26 
Mashantucket Pequot and Mohegan Fund. During each fiscal year, the 27 
Office of Policy and Management shall make distributions of any funds 28 
transferred  to  the  Mashantucket  Pequot  and  Mohegan  Fund  pursuant 29 
to  this  section  in  accordance  with  the  provisions  of  section  3-55j. The 30 
amount of the grant payable to each municipality during any fiscal year, 31 
in accordance with [said] section 3-55j, shall be reduced proportionately 32 
if the total of such grants exceeds the amount of funds available for such 33 
year.  The  grant  shall  be  paid  in  three  installments  as  follows:  The 34 
Secretary  of  the  Office  of  Policy  and  Management  shall,  annually,  not 35 
later than the fifteenth day of December, the fifteenth day of March and 36 
the fifteenth day of June certify to the Comptroller the amount due each 37 
municipality under the provisions of section 3-55j and the Comptroller 38 
shall draw an order on the Treasurer on or before the fifth business day 39 
following   the   fifteenth   day   of   December,   the   fifth   business   day 40 
following   the   fifteenth   day   of   March   and   the   fifth   business   day 41 
following  the  fifteenth  day  of  June  and  the  Treasurer  shall  pay  the 42 
amount  thereof  to  such  municipality  on  or  before  the  first  day  of 43 
January, the first day of April and the thirtieth day of June. 44 
(b) The transfers from the General Fund to the Mashantucket Pequot 45 
and Mohegan Fund required by subsection (a) of this section shall not 46 
be  reduced  except  upon  submission  to  the  General  Assembly  by  the 47 
Governor of a certification of an emergency requiring such reduction. 48 
This act shall take effect as follows and shall amend the following 
sections: 
 
Section 1 
July 1, 2026 
3-55i 

Substitute Bill No. 388 
 
 
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APP Joint Favorable Subst.