News
A coming debate over the supply, demand and politics of CT electric rates
January 16, 2025
Democrats’ ‘Ratepayers First Act,’ proposed Thursday, is less a solution than a process by which they hope to find one.
Lamont assures CBIA that CT’s spending cap is ‘sacrosanct’
January 16, 2025
But the governor may be flexible on another fiscal guardrail, the volatility cap.
CT opens AI Academy as Lamont, lawmakers differ on need to regulate
January 14, 2025
Gov. Ned Lamont and Sen. James Maroney, who clashed last year and still disagree over the degree to which the state should regulate generative AI, found common ground Tuesday in the opening of the Connecticut Online AI Academy.
In case you missed it: State Single Audit Threshold Increased to $500,000
January 14, 2025
Late in last year’s legislative session, P.A. 24-132 was passed, increasing the State Single Audit threshold from $300,000 to $500,000 for nonstate entities with a fiscal year beginning July 1, 2024 or after.
Education And Housing Take Center Stage At State Capitol
January 13, 2025
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.
Environmental bills lead start of CT legislative session
January 10, 2025
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.
CT Gov. Lamont’s ‘north stars’ in 2025: opportunity and affordability
January 08, 2025
In speech to kick off General Assembly session, Lamont will offer suggestions to open discussion with lawmakers.
Treasurer: CT saves big by not stashing transportation funds
January 07, 2025
Treasurer wants ongoing plan to retire debt early.
CT’s 2025 legislative session begins this week. Here’s what to expect
January 06, 2025
On Wednesday, the Connecticut General Assembly will convene for its 2025 legislative session, which will run through June 4 at midnight.
Critics, backers of CT’s budget ‘guardrails’ want transparent debate
January 02, 2025
Reforms to the state’s savings program are expected in the new year.
Connecticut’s New Laws Taking Effect Jan. 1
January 01, 2025
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.
Major Changes to Connecticut Paid Sick Leave Begin January 1, 2025
January 01, 2025
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.
Report: $9 Million In Flood Relief Helped 500-Plus Hartford Residents
December 24, 2024
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.
Bond Commission Approves $400 Million In Borrowing
December 20, 2024
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.
2025 Advocacy Snapshot
December 18, 2024
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:
Massachusetts Joins Flood of States Passing Pay Transparency Laws
November 20, 2024
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.
Upcoming 2024 Municipal Revaluations in Connecticut
November 04, 2024
A number of Connecticut municipalities listed below are scheduled to conduct real property revaluations effective October 1, 2024. Learn more from Pullman & Comley LLC >>
Mark Peterson Delivers Key Insights at AICPA Fall Council Meeting
November 01, 2024
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.
CT to expand employer student loan repayment tax credit; eyed as worker recruitment, retention tool
October 14, 2024
Connecticut companies will soon have an added incentive to offer student loan repayment benefits to employees.
Connecticut Department of Revenue Provides Updated Information for Taxpayers Impacted by Weather Events of August 18, 2024
September 19, 2024
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.