(a) There is established an account to be known as the “municipal gaming account” which shall be a separate, nonlapsing account within the Mashantucket Pequot and Mohegan Fund established by section 3-55i. The account shall contain any moneys required by law to be deposited in the account. Moneys in the account shall be expended by the Office of Policy and Management for the purpose of providing annual grants pursuant to subsection (b) of this section.
(b) On and after the date the Secretary of the Office of Policy and Management finds that a minimum of seven million five hundred thousand dollars has been deposited in the municipal gaming account pursuant to subsection (c) of section 12-578g, the Office of Policy and Management shall provide an annual grant of seven hundred fifty thousand dollars to each of the following municipalities: Bridgeport, East Hartford, Ellington, Enfield, Hartford, New Haven, Norwalk, South Windsor, Waterbury and Windsor Locks. The amount of the grant payable to each municipality during any fiscal year shall be reduced proportionately if the total of such grants exceeds the amount of funds available for such year.
(P.A. 17-89, S. 16; June Sp. Sess. P.A. 17-2, S. 34.)
History: P.A. 17-89 effective June 27, 2017; June Sp. Sess. P.A. 17-2 amended Subsec. (b) by replacing “four” with “seven” re amount deposited in municipal gaming account and adding provision re annual grant to certain municipalities, effective October 31, 2017.
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