News

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

Lamont says CT needs to find ways to boost energy supply.

State officials announced new funding for businesses affected by the devastating flash-flooding that hit southwestern Connecticut last weekend, as they pledged to continue working to secure long-term federal funding to support the towns in the region as they rebuild from what has been described as a “thousand-year storm.”

Connecticut residents and business owners can self-report property damage following catastrophic flooding.

Democrats say Republican plan is election-year stunt offering little relief.

On May 28, 2024, Governor Ned Lamont signed legislation expanding Connecticut’s 2011 Sick Leave Law. The new legislation is effective on January 1st, 2025. The law covers more employees, expands the reasons under which employees may use paid sick leave, and reduces the required hours to accrue paid sick leave.

Next Gen Personal Finance, CT Financial Scholars provide professional development to help schools meet new requirements.

Governor Ned Lamont today announced that he has received notification from the White House indicating that his request for President Joe Biden to authorize a federal emergency declaration for Fairfield County, New Haven County, and Litchfield County in response to the extreme flooding from the historic rainfall that portions of the state received earlier this week has been approved.

FEMA announced today that federal disaster assistance is available to the state of Connecticut to supplement response efforts due to emergency conditions resulting from severe storms, flooding, landslides and mudslides beginning on Aug. 18, 2024, and continuing.

The Connecticut state government has a number of wallets, some more loaded than others and some reserved for unique needs.

GOP says Democratic legislators and Gov. Lamont could have fixed problem back in May.

Governor Ned Lamont today joined state agency leaders and law enforcement officials at a news conference to highlight steps Connecticut is taking to combat a rise in credit, debit, and EBT card skimmers targeting consumers. This includes the launch of an education campaign to help people learn the signs of skimmers and fraud, police investigations, and increased efforts by the Connecticut Food Association to train frontline staff in stores and place security tape over point-of sale devices to make skimmers easier to recognize.

Connecticut is holding a primary election on Aug. 13 to decide which candidates will compete for a U.S. Senate seat, a U.S. House seat, and several General Assembly seats — but voters can cast their ballots in-person beginning Monday, now that the state has adopted early voting.

Nonprofit alliance releases poll calling for more funding; Candelora says state spending priorities are the problem rather than fiscal guardrails.

The Connecticut Department of Revenue Services will be hosting a virtual webinar on Wednesday, Sept 4, 2024, at 10:00 a.m. to provide a Connecticut Real Estate Conveyance Tax Return (myCTREC – Form OP-236) Tax Overview. Representatives from the Department will give a presentation about Connecticut’s myCTREC and answer frequently asked questions. Please submit any myCTREC questions with the registration form by Wednesday August 28, 2024.

Advocates say CT can afford $600-per-child income tax credit and still save to pay down debt

Last budget surplus surged $300 million in final weeks of fiscal year.

At the beginning of the legislative session, CTCPA's Governmental Accounting and Auditing (GAA) Committee proposed a change to state law to assist many municipalities and governmental auditors. The committee requested extending the deadline for filing certified reports required by the State Department of Education (SDE) from December 31 to January 31. This extension would provide much-needed relief for municipalities and auditors, recognizing the challenges school districts face in meeting the December 31 deadline and allowing for a more systematic and less stressful process.

The following is intended to provide an overview of certain legislation enacted during the 2024 regular session of the Connecticut General Assembly. The information below is not intended to be a complete analysis of each and every aspect of recently enacted legislation but is intended to inform and alert taxpayers and practitioners of the enactment of such legislation. The Department will issue additional and more detailed guidance regarding certain aspects of the legislation and will post such information to its website as it becomes available.

Nearly 100 laws that the Connecticut General Assembly passed during the 2024 legislative session go into effect on July 1.