News

Fifty-two out of Connecticut’s 151 state representatives were present for all of the 381 votes taken in the Connecticut House during the regular 2025 legislative session, thus ending up with perfect voting records.

Savers with qualifying MyCTSavings accounts were notified in November that their payroll contributions would be automatically increased by 1% in January 2026. Savers can opt-out of the increase or change their contribution rate at any time by logging into their online account. Annual Increases can help savers meet their retirement savings goals more quickly, without having to remember to make the change themselves. The Annual Increases occur each year until a saver reaches a maximum of 10%.

Workers earning minimum wage in Connecticut will get a small bump in pay, about $24 a week for full-time workers, after the state’s automatic increase went into effect this week.

[Commissioner Mark Boughton is] pleased to present the Annual Report of Taxes and Fees collected by the Connecticut Department of Revenue Services (DRS) during the 2024-25 fiscal year. Our report provides a comprehensive overview of the revenue DRS collected, thanks to the tireless efforts of our dedicated staff. Our agency reached significant milestones this year as we focused on our most important mission: Achieving the highest level of taxpayer compliance and contributing to Connecticut’s fiscal and economic well-being.

More than 20 new Connecticut laws will take effect in whole or in part on Jan. 1, 2026.

Governor Ned Lamont today announced that his administration has submitted a plan to the bipartisan leadership of the Connecticut General Assembly to tap into the recently created Emergency State Response Reserve in response to recent federal funding delays and reductions that have been made by the Trump administration and Congressional Republicans to essential health and human services supports that the residents of Connecticut depend on for some of their most basic needs.

State reserves would cover a moderate downturn for two and a half years.

The money will partly offset the loss of tax credits that subsidize health premiums under Obamacare.

$10 Billion of Added Deposits Since 2021; Improved Funded Ratios for SERS and TRS to 60% and 64%, Respectively, Up From 37% and 52% in 2018

The CTCPA, AICPA, and other state CPA societies wrote to U.S. Department of Education Secretary Linda McMahon imploring the department to include accounting as a professional degree.

Lawmakers willing to pay down debt more slowly, if households benefit.

The National Association of State Boards of Accountancy (NASBA) strongly opposes the U.S. Department of Education’s implementation of new student-loan policies that reclassify accounting degrees as “non-professional.”

The AICPA and state CPA societies are calling on the U.S. Department of Education to explicitly include accounting programs in the regulatory definition of “professional degree programs.”

With New York, at least 24 states have eased education requirements needed to become a certified public accountant in a bid to address a talent shortage.

Swelling coffers intensify calls for Lamont to mitigate cuts to human service programs.

President Donald Trump is considering pressuring states to stop regulating artificial intelligence in a draft executive order obtained Thursday by The Associated Press, as some in Congress also consider whether to temporarily block states from regulating AI.

They say politics makes strange bedfellows, but what would it take to bring together Sen. Richard Blumenthal of Connecticut and Senate Republican Josh Hawley of Missouri? AI chatbots, it seems.

Erin Stewart is kicking off her campaign for governor of Connecticut with an on-brand, slightly cheeky video emphasizing her blue-collar roots, her success as a Republican mayor of a Democratic city and an intention to run a “different” campaign.

Governor Ned Lamont and Connecticut Transportation Commissioner Garrett Eucalitto today announced the State of Connecticut is awarding nearly $12 million in grants to 17 towns and cities for projects that will improve transportation safety and mobility.

The House and Senate approved a wide-ranging housing bill last week to replace a similar bill that Gov. Ned Lamont vetoed after the regular session.