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Gov. Malloy Announces Plans to Appoint Scott Jackson as Commissioner of Revenue Services
The Governor will appoint Scott Jackson, who is currently the Commissioner of the Connecticut Department of Labor (CTDOL), to serve as Commissioner of the Department of Revenue Services (DRS).
2018 DRS Legislative Wrap-Up
State tax legislation passed during the 2018 Regular Session included the following provisions. Many of these changes are still waiting for the governor’s signature.
Already deep in debt, Connecticut struggles with extremes of wealth and income
Even within a nation racing dangerously toward unprecedented levels of income and wealth inequality, Connecticut stands apart. The gap between its richest and poorest citizens — and that between the top and the middle class — outstrips those in most other states, and in many other corners of the globe.
Among Connecticut cities and towns, the wealthiest are the big spenders
When Hartford Mayor Luke Bronin appealed for help to save his municipality from bankruptcy, one response he faced was that the capital city’s big-spending ways had come home to roost. The perception that Connecticut’s cities, facing struggling schools, poverty, crime and heavily traveled roads, easily outspend their suburban and rural neighbors can be found both around the capital city and elsewhere in the state. But when municipal spending is examined on a per capita basis, it’s...
Connecticut 'locks' into new budgetary restraints in three weeks
In less than three weeks, state government will contractually bind itself to a new series of budgetary controls for the next five years despite numerous warnings the maneuver could cause fiscal chaos. State Treasurer Denise L. Nappier announced this week she will issue $500 million in bonds on June 4 on Wall Street — bonds that will include the so-called "bond lock" provision mandated by the General Assembly.
Malloy: PwC expansion to create 400 CT jobs
PwC will spend $20 million in a hiring effort expected to create 400 new jobs in Connecticut over the next five years, the governor announced Thursday.
Action Required: Send Your Questions for the DRS Regarding Public Act No. 18-49
A number of our members have reached out with questions regarding Substitute Senate Bill No. 11, Public Act No. 18-49 , " An Act Concerning an Affected Business Entity Tax, Various Provisions Related to Certain Business Deductions, the Estate and Gift Tax Imposition Thresholds, the Tax Treatment of Certain Wages and Income, and a Study to Identify Best Practices for Marketing the Benefits of Qualified Opportunity Zones.
Malloy to open sports betting talks with tribes
Gov. Dannel P. Malloy said Tuesday he will try to resolve who has rights to sports gambling — the tribal owners of the state’s two casinos, licensed off-track betting parlors or other vendors chosen by the state, or a mix of the two — before calling the General Assembly into special session to consider legalizing wagering on sports.
Connecticut’s attempt to safeguard federal deductions may draw IRS heat
Fairfield First Selectman Mike Tetreau hopes to take advantage of a new state law aimed at blunting the impact on his town’s residents of a new cap on certain federal tax deductions. “We’re going to do everything we can to see if we can help,” Tetreau said.
A Win For Women, Workers, and Families
Gov. Dannel P. Malloy signed legislation Tuesday that makes Connecticut the fifth state in the nation to ban the pay history question. Malloy said the legislation takes a “real and important step” toward pay equity in Connecticut. He said it’s unacceptable that Hispanic women earn just 47 cents for every dollar paid to white men. It’s 58 cents for black women and 82 cents for white women.

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