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2017 Connecticut Legislative Session Wrap-Up: Bill Status Updates
We have been actively tracking, addressing, and reporting on many legislative items relevant to accounting professionals at the Capitol this session.
Gov. Malloy, Lt. Gov. Wyman Applaud House Passage of a Lockbox Protecting Transportation Funding
Governor Dannel Malloy and Lieutenant Governor Nancy Wyman both applauded a bipartisan vote in the House of Representatives that adopted a resolution to approve a constitutional lockbox ensuring that funds earmarked for transportation can only be used for transportation.
House Inches Connecticut Closer to Tolls — but Stops Short
The House took a small step in the direction of bring tolls back to Connecticut by approving a constitutional lockbox dictating that funds marked for transportation can only be used for transportation - but tabled a measure to craft a plan to establish tolls in the state after 110 minutes of discussion.
Trump Transportation Plan Would Privatize Bradley’s Air Traffic Controllers
President Donald Trump's infrastructure plan rolled out this week includes privatizing the country's air traffic controllers - including the 17 currently directing travel at Bradley International Airport.
House Sends Municipal Relief Bill To Senate
After just three minutes of debate, a municipal relief bill passed the House with a vote of 149-0. The bill, which now heads to the Senate, would allow municipalities to adjust their budgets to allow for changes in state aid - a crucial step for municipalities that will likely have to adopt a budget before the state's budget is complete.
Analyses Show Concessions Would Save $24B Over Two Decades
The tentative union concession framework deal struck by Governor Dannel Malloy and SEBAC would save $4.8 billion over the next five years and $24.1 billion over the next two decades, according to an actuarial analysis completed.
Partisan Bickering Marks Last Few Days of Session
With the regular session drawing to a close, Democrats and Republicans are pointing the finger at each other for not getting the job done.
Connecticut Legislative Session Winds Down
With just one week left in the legislative session, anything can happen. Bills that were already killed often come back as amendments; this is exactly what happened with HB 6681 , which would have prevented accountants from representing clients in property tax appeals.
Legislative Items Worth Watching
There are a number of proposed bills of interest to our members currently awaiting action by the legislature; we will update you following the close of the legislative session as to where these items stand. SB 965, Income Tax Reductions : Requires Connecticut Innovations to study and recommend certain business sectors for inclusion in a program providing an income tax deduction for venture capital investment in Connecticut. Awaiting action by Senate and House HB 5583, Angel Tax : Expands...
Gov. Malloy: Framework Reached With State Employee Unions That Will Create Significant Structural Reforms, Save Taxpayers Billions in Long-Term
Governor Dannel Malloy today released a framework for an agreement with the state's labor unions that he applauds as an "effort to create significant, long-term structural reforms to pension and benefit costs that will help generate large annual savings for many years to come."

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