News

CFOs and consultants discuss tax policy and hidden taxes ahead of the 2024 U.S. federal and state elections.

Senate Democrats presented the second part of their 2024 legislative agenda – mostly focused on healthcare – in a news conference Wednesday morning at the Legislative Office Building in Hartford.

Lawmakers have set off on a sprint of business in this year’s legislative session, which kicked off earlier this month.

The Senate and House both voted unanimously Wednesday to pass an emergency act to give extra funding to those in need of fuel assistance. And Gov. Ned Lamont signed it into law.

Governor Ned Lamont today announced that he has signed into law legislation approved this afternoon by the Connecticut General Assembly that allocates $17 million to cover a gap in federal assistance to the state this winter from the Low Income Home Energy Assistance Program (LIHEAP).

Budget panel leader questions whether administration is committed to spending pandemic relief funds.

Read and watch Governor Lamont's 2024 'State of the State' address.

Gov. Ned Lamont unveils his adjustments to the two-year budget today and while the state of Connecticut is in the black by hundreds of millions of dollars, there is not much spending they will be able to do beyond what was already allocated.

Public colleges and universities don’t receive the bailout they sought in the governor’s plan and K-12 schools would see a scaling back of a planned funding expansion

A number of other states have followed the IRS' lead by issuing tax relief to taxpayers affected by recent storms.

Senate Democrats are once again hoping to expand the state’s paid sick leave program to cover more workers during the upcoming legislative session.

Gov. Ned Lamont said he doesn’t intend to offer any more tax breaks this year, after the historic tax cuts adopted last year, but House Republicans believe there’s enough revenue to reduce taxes and make permanent some other fiscal policies.

Boxed in by a budget that embraces the fiscal guardrails put in place before he was elected, Gov. Ned Lamont will tinker around the edges when it comes to adjusting the two-year budget.

Gov. Ned Lamont announced today his intention to recommend the elimination of licensure application fees for certain essential fields, as part of the fiscal year 2025 budget adjustment proposal.

Connecticut Governor Ned Lamont signed a new law that expands the circumstances in which workers can use state-mandated paid sick leave, effective October 1, 2023. The Connecticut Paid Sick Leave Law, originally passed in 2012, provides “service workers” with certain leave entitlements, including paid sick leave. This leave accrues at a rate of one hour for every 40 hours worked, up to a maximum accrual of 40 hours per year. The law also requires service workers be permitted to roll over at least 40 hours of accrued, unused paid sick leave per calendar year.

On Feb. 7, the Connecticut General Assembly will convene for its 2024 legislative session. Its constitutional adjournment deadline is no later than midnight May 6. The sessions last three months in even-numbered years and five in odd-numbered years.

Legislators and advocates instead plan a ‘chip away’ approach to address some of Connecticut’s pressing housing issues

The General Assembly is giving up on a special legislative session to address how to keep Connecticut committed to a transition to electric vehicles, leaving the issue for consideration in the regular session that opens on Feb. 7.

Gov. Lamont to meet with critical players on proposal to phase out sales of new gas-powered cars by 2035.

It’s just 13 weeks long, but Connecticut’s legislative session will be packed with debate over issues that impact a number of residents from housing and health insurance to voting security.