News

The leaders of the five largest cities in the state and legislative leaders from both houses gathered Monday in separate news conferences at the Legislative Office Building to share their visions for the future of education funding and housing policy in this year’s legislative session.

The Connecticut General Assembly kicked off its 2025 legislative session Wednesday, and lawmakers got to work quickly. Within the first 24 hours a flurry of proposed legislation was filed, ranging from authorizing a limited black bear hunting season to establishing a cybersecurity task force.

In speech to kick off General Assembly session, Lamont will offer suggestions to open discussion with lawmakers.

Treasurer wants ongoing plan to retire debt early.

On Wednesday, the Connecticut General Assembly will convene for its 2025 legislative session, which will run through June 4 at midnight.

Reforms to the state’s savings program are expected in the new year.

More than a dozen new laws will take effect Jan. 1 in Connecticut, including changes to absentee ballots, mandatory paid sick leave, and expanded protections for home health care workers.

The new Connecticut Paid Sick Leave Act is shaking things up significantly. If you’re an employer in Connecticut, here’s what you need to know – including a few potential pitfalls to avoid.

More than 500 property owners, renters, and business owners have benefitted from the Hartford Flood Relief and Compensation Programs, but more money is needed, officials said this week.

The State Bond Commission approved over $400 million in new state borrowing at its final meeting of the year Friday before saying goodbye to two of its members, who were attending their final meeting.

With the start of the new year comes Connecticut’s General Assembly session. This year, CTCPA has a range of topics that we will be pushing, as well as some other initiatives we plan to be involved in. Here's a snapshot of some of our initiatives:

Around 15% of households carry medical debt, according to data from the Census Bureau.

Republican leaders in the House and Senate announced the ranking member assignments for the joint committees in the Connecticut General Assembly for the upcoming legislative session.

On July 31, 2024, Massachusetts Governor Maura Healey signed the Frances Perkins Workplace Equity Act into law aiming to improve pay transparency and curb wage disparities. Massachusetts is the 5th state to pass pay transparency legislation in 2024 joining Hawaii, Illinois, Maryland, Minnesota, and Vermont. This trend began in 2019 with Colorado. Since then, California, Connecticut, Maryland, Nevada, New York, Rhode Island, and Washington have all passed similar measures.

A number of Connecticut municipalities listed below are scheduled to conduct real property revaluations effective October 1, 2024. Learn more from Pullman & Comley LLC >>

At the recent AICPA Fall Council meeting, Mark Peterson, Executive Vice President - Advocacy, energized attendees with a comprehensive update on the current legislative, regulatory, and political landscape.

Connecticut companies will soon have an added incentive to offer student loan repayment benefits to employees.

This publication has been updated to address the guidance issued by the Internal Revenue Service (IRS) relative to the victims of severe storms and flooding in Connecticut and New York. In recognition of the recent IRS guidance, the Commissioner of Revenue Services will exercise the authority provided him under Conn. Gen. Stat.§ 12-2(a)(5) on a case-by-case basis and the Department of Revenue Services (DRS) will consider requests for relief from penalty and interest that would otherwise accrue on late filings and payments after September 30, 2024.

Businesses with 5 or more employees who do not offer a retirement plan and have been in business since January 1, 2023 are required to either register and enroll employees in MyCTSavings, or provide another qualified retirement plan. Once enrolled, employees have the option to opt-out, stay with the standard Roth IRA, or customize a Roth IRA by setting the deduction percentage and choosing from several fund options.

Pete Gioia, the former longtime economist of the Connecticut Business & Industry Association, has died, according to CBIA President and CEO Chris DiPentima.