News
Governor Lamont Announces President Biden Approves Emergency Declaration for Connecticut in Response To Extreme Flooding
August 21, 2024
Governor Ned Lamont today announced that he has received notification from the White House indicating that his request for President Joe Biden to authorize a federal emergency declaration for Fairfield County, New Haven County, and Litchfield County in response to the extreme flooding from the historic rainfall that portions of the state received earlier this week has been approved.
President Joseph R. Biden, Jr. Approves Emergency Declaration for Connecticut
August 21, 2024
FEMA announced today that federal disaster assistance is available to the state of Connecticut to supplement response efforts due to emergency conditions resulting from severe storms, flooding, landslides and mudslides beginning on Aug. 18, 2024, and continuing.
CT spent $50 billion last year. Where did it all go?
August 16, 2024
The Connecticut state government has a number of wallets, some more loaded than others and some reserved for unique needs.
Brand new CT budget already plagued by $170 million hole
August 12, 2024
GOP says Democratic legislators and Gov. Lamont could have fixed problem back in May.
Governor Lamont Highlights Statewide Efforts to Combat Credit and Debit Card Skimming
August 07, 2024
Governor Ned Lamont today joined state agency leaders and law enforcement officials at a news conference to highlight steps Connecticut is taking to combat a rise in credit, debit, and EBT card skimmers targeting consumers. This includes the launch of an education campaign to help people learn the signs of skimmers and fraud, police investigations, and increased efforts by the Connecticut Food Association to train frontline staff in stores and place security tape over point-of sale devices to make skimmers easier to recognize.
CT 2024 primary elections: How to vote and who’s running
August 05, 2024
Connecticut is holding a primary election on Aug. 13 to decide which candidates will compete for a U.S. Senate seat, a U.S. House seat, and several General Assembly seats — but voters can cast their ballots in-person beginning Monday, now that the state has adopted early voting.
Comptroller: Rainy Day Fund Projected To Exceed $4.1 Billion Limit By $853.6 Million
August 01, 2024
Nonprofit alliance releases poll calling for more funding; Candelora says state spending priorities are the problem rather than fiscal guardrails.
Upcoming CT DRS Connecticut Real Estate Conveyance Tax Return - myCTREC (Form OP-236) Webinar
August 01, 2024
The Connecticut Department of Revenue Services will be hosting a virtual webinar on Wednesday, Sept 4, 2024, at 10:00 a.m. to provide a Connecticut Real Estate Conveyance Tax Return (myCTREC – Form OP-236) Tax Overview. Representatives from the Department will give a presentation about Connecticut’s myCTREC and answer frequently asked questions. Please submit any myCTREC questions with the registration form by Wednesday August 28, 2024.
The fight for tax breaks for CT families in 2025 is underway
July 31, 2024
Advocates say CT can afford $600-per-child income tax credit and still save to pay down debt
CT now sitting on $4.1 billion budget reserve
July 23, 2024
Last budget surplus surged $300 million in final weeks of fiscal year.
Surprise Victory for Governmental Accounting and Auditing Committee’s Proposed Legislation!
July 15, 2024
At the beginning of the legislative session, CTCPA's Governmental Accounting and Auditing (GAA) Committee proposed a change to state law to assist many municipalities and governmental auditors. The committee requested extending the deadline for filing certified reports required by the State Department of Education (SDE) from December 31 to January 31. This extension would provide much-needed relief for municipalities and auditors, recognizing the challenges school districts face in meeting the December 31 deadline and allowing for a more systematic and less stressful process.
DRS: 2024 Connecticut State Tax Developments
July 01, 2024
The following is intended to provide an overview of certain legislation enacted during the 2024 regular session of the Connecticut General Assembly. The information below is not intended to be a complete analysis of each and every aspect of recently enacted legislation but is intended to inform and alert taxpayers and practitioners of the enactment of such legislation. The Department will issue additional and more detailed guidance regarding certain aspects of the legislation and will post such information to its website as it becomes available.
New CT laws taking effect July 1: School discipline, fallen officer benefits
July 01, 2024
Nearly 100 laws that the Connecticut General Assembly passed during the 2024 legislative session go into effect on July 1.
Connecticut June 2024 Special Session - Emergency Certified Bill 501 Passes House and Senate
June 28, 2024
The House adjourned Sine Die on June 27 after passing Emergency Certified Senate Bill 501 in concurrence with the Senate. The bill was immediately transmitted to the Governor, who has said he will sign it. As a reminder, although the main impetus for special session was to address a flaw with the property tax for commercial vehicles, the bill became omnibus legislation impacting a number of different areas.
General Assembly Makes Change To Bank Charters, Hopes To Spur Innovation
June 28, 2024
A bill to spur growth in the FinTech industry was part of the omnibus legislation passed by both the Senate and House during special sessions on Wednesday and Thursday.
CT savings program drives another $1 billion-plus surplus
June 27, 2024
Annual savings projected to top $800 million through 2028, even as core programs face crises.
Senate Passes Bill to Allow South Central Connecticut Regional Water Authority To Bid On Aquarion
June 26, 2024
As the state Senate met in special session on Wednesday to pass legislation to tie up loose ends from this year’s regular session, Republican senators took issue with a provision that would allow a Connecticut water utility to bid on the sale of another water utility.
Senate Passes Car Tax Fix, Waits For House To Confirm
June 26, 2024
Car taxes would be assessed differently, and at a different starting rate, after the Senate passed an omnibus bill that included language to fix a 2022 law during its special session Wednesday.
Connecticut Dramatically Expands Paid Sick Leave Law
June 25, 2024
With no grand announcement, Connecticut quietly expanded employee’s paid sick time benefits. The bill greatly expands the law’s reach.
Special Session Agenda Set For Wednesday
June 24, 2024
The governor and the leaders of the Senate and the House have announced a 10-item agenda for the first of two special sessions, starting Wednesday.