News

Leaders say saving rules likely to evolve as federal aid shrinks.

Over six dozen Connecticut laws, including the state’s next budget and bond package, will wholly or partially take effect on July 1.

New York’s accounting policy advisors secured two legislative wins this week, with CPA licensing reform and e-signature expansion both passing in the same session.

A week after it passed the General Assembly, House Bill 5002 is still causing a ruckus in Hartford, with Republicans urging Gov. Ned Lamont to “just veto it” in a series of statements and the governor expressing hesitancy over the bill’s version of fair-share legislation known as “Towns Take the Lead.”

Gov. Ned Lamont credited hard work and clever negotiation between the legislative and executive branches for passage of “an honestly balanced budget” that did not raise residents’ tax rates.

After 12 hours of debate and a series of failed Republican amendments, the Connecticut Senate approved a new, two-year state budget for fiscal years 2026 and 2027, unchanged from the one it received Monday night from the House. The budget is the result of a deal negotiated by legislative leaders and Gov. Ned Lamont.

The legislation, which awaits signing by Governor Ned Lamont, includes a provision enabling licensed CPAs form other states in “good standing” to practice in Connecticut.

Package to be adjusted to lessen hospital tax increase.

Biennial borrowing plan draws strong bipartisan support.

Governor Ned Lamont today announced that he will soon sign into law legislation that takes a step forward in reducing electric bills, delivering Connecticut consumers nearly $400 million in annual savings, as well as laying the groundwork for longer term reductions in public benefits charges and cuts in supply, delivery, and transmission fees.

The two-year, $55.8 billion budget that passed out of the Connecticut House of Representatives on a mostly party-line vote late Monday night remains within the state budget cap despite increasing spending by $2.63 billion over the next two fiscal years.

Lawmakers expected to adopt new biennial plan before the 2025 legislative session closes Wednesday.

The Connecticut House of Representatives on Friday debated and approved Senate Bill 8, An Act Concerning Protections For Workers and Enhancements to Workers’ Rights, a labor bill that would allow workers engaged in labor disputes to access unemployment benefits.

The bill passed in the Connecticut House of Representatives with no opposition on April 28 and the Senate on May 29 and will now move to be signed by Governor Lamont.

Lamont challenges lawmakers to tap $1.1 billion that universities stashed away.

Governor Ned Lamont today announced that he is releasing $30 million in state grants to 46 small towns in Connecticut that will be used to complete a wide variety of infrastructure improvements, such as road safety reconstruction projects, emergency management upgrades, sidewalk and pedestrian safety enhancements, educational and recreational facility upgrades, and other kinds of capital improvement projects.

The state legislature is eyeing a fiscal tactic not seen in half a century to deal with state budget uncertainty. House Speaker Matt Ritter, D-Hartford, said Wednesday morning that a one-year budget was “very much in play” and looking “more and more likely.”

One GOP lawmaker got a rare unanimous vote against his amendment after trying a unique political tactic.

Leaders hope to offer $150 per child, up to $450 per household.

Medicaid, social services, special ed increases will be modest.