News

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.

Nonprofit alliance releases poll calling for more funding; Candelora says state spending priorities are the problem rather than fiscal guardrails.

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.

Advocates say CT can afford $600-per-child income tax credit and still save to pay down debt

Last budget surplus surged $300 million in final weeks of fiscal year.

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.

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.

Nearly 100 laws that the Connecticut General Assembly passed during the 2024 legislative session go into effect on July 1.

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.

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.

Annual savings projected to top $800 million through 2028, even as core programs face crises.

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.

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.

With no grand announcement, Connecticut quietly expanded employee’s paid sick time benefits. The bill greatly expands the law’s reach.

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.

Study finds CT has reduced some racial inequities in recent years.

Governor must find big savings once next CT budget gets underway in July.

Gov. Ned Lamont finished his review Thursday of the 175 bills passed by the General Assembly in the regular 2024 session, signing one final bill: a measure making numerous unrelated changes to insurance statutes.

Conversations about the General Assembly’s imminent special session loomed after the State Bond Commission meeting Friday, with Gov. Ned Lamont laying out his priorities for the opportunity to address some leftover issues.

Nearly $700 million in temporary funds prop up finances in 2024-25 fiscal year.