News
Governor Lamont Announces Application Period Opens for Next Round of Connecticut's Nonprofit Security Grant Program
January 04, 2024
Nonprofit organizations must submit applications to the state by March 1, 2024.
Early Voting, Minimum Wage Increase, Criminal Record Erasure, and More
January 01, 2024
As the new year begins, Connecticut is set to implement several new laws and regulations that will impact residents across the state. These changes, ranging from voting rights to minimum wage adjustments, reflect evolving priorities and concerns.
Trump to Stay on Connecticut Ballots Next Year, State Election Officials Say
December 23, 2023
Unless a court decides otherwise, former President Donald Trump will remain on Connecticut ballots in 2024, Secretary of the State Stephanie Thomas’s office said this week, days after Colorado’s Supreme Court ordered him removed from that state’s primary ballots.
Connecticut Supreme Court Upholds Constitutionality of Local Vehicle Tax on Massachusetts Business
December 18, 2023
The Connecticut Supreme Court, last week, upheld the constitutionality of a local property tax on vehicles registered to a business in Massachusetts.
Charting CT: Is your town getting older or younger?
December 15, 2023
The median age in Connecticut was 40.9 in 2022, making it the seventh-oldest state in the country, according to Census Bureau estimates released this year.
The Big Change Coming to Connecticut Unemployment Compensation Law
December 12, 2023
Effective Jan. 1, 2024, an employee’s receipt of severance pay will now result in disqualification from receiving unemployment compensation benefits for the period of time covered by the payment.
National Financial Literacy Report Card Finds Connecticut Improving Despite Failing Grade
December 05, 2023
Although a Vermont-based college flunked Connecticut on Monday in an annual report card on financial literacy instruction for high school students, a bill passed this year puts the state on track to receive an A by 2027.
Comptroller Projects Smaller General Fund Surplus for FY24
December 01, 2023
Connecticut’s expected General Fund surplus shrank for the fourth month in a row, according to a Friday fiscal update by Comptroller Sean Scanlon, who projected the state would end the 2024 fiscal year with $153.9 million in black ink.
CT Democrats pledge to keep on path to phasing out new gas cars
November 28, 2023
With choreographed expressions of contrition and determination, Gov. Ned Lamont and Democratic legislative leaders acknowledged Tuesday their failure to make a convincing case for phasing out sales of new gasoline-powered vehicles by 2035 and pledged to quickly find a new path forward.
Even as surpluses shrink, CT could see balanced budgets for years
November 20, 2023
New projections show that CT’s revenues will grow faster than fixed costs through 2028
Connecticut Sees Economic Recovery as Employment Surpasses Pre-Pandemic Levels
November 16, 2023
Connecticut has achieved a significant milestone in its economic recovery from the pandemic, with the latest jobs report indicating a robust increase in employment and a stable low unemployment rate. The Connecticut Department of Labor released the October jobs report, revealing that the state added an estimated 3,700 jobs last month. Additionally, September’s job estimates were revised to show an increase of 3,700 jobs, marking a consistent growth in the labor market.
Municipalities Cautious as State Task Force Weighs Elimination of Car Tax
November 16, 2023
Associations representing Connecticut municipalities expressed skepticism this week of an effort to eliminate the state’s car tax, a deeply unpopular but reliable source of critical revenue for towns and cities.
Governor Lamont Announces Connecticut Businesses Will Receive a 10% Decrease in Workers' Compensation Rates in 2024
November 15, 2023
Governor Ned Lamont today announced that businesses in Connecticut will receive a nearly 10% decrease in rates for workers’ compensation insurance beginning on January 1, 2024. The Connecticut Insurance Department has approved an annual workers’ compensation rate filing for 2024 with a decrease of 9.8% to voluntary market loss costs and a decrease of 10.5% in assigned risk plan rates.
Connecticut's revenues are down but budget still balanced, report projects
November 13, 2023
New report projects $460 million in revenue erosion over two years, but budget surpluses are still expected.
Dan O'Keefe to be named next CT economic development chief
November 13, 2023
Gov. Ned Lamont’s choice to oversee economic development in Connecticut is Daniel H. O’Keefe, who left the technology investment world earlier this year and talked himself into a job as the state’s first chief innovation officer.
Connecticut Small Business Boost Fund – Low-Interest Loans Tailored to Small Businesses and Nonprofits
November 09, 2023
The average small business loan interest rates range from 5% to more than 11%. High-interest rates and limitations on traditional loans can impede small business owners’ ability to borrow money to reinvest in or expand their businesses. Supported by the Connecticut Department of Economic & Community Development (DECD), the Connecticut Small Business Boost Fund is focused on helping small businesses and nonprofits thrive. This low interest, fixed 4.5%, loan program provides access to flexible funding for capital expenditures and working capital and connects business owners with free support services. Supported by the Connecticut Department of Economic & Community Development (DECD), the Connecticut Small Business Boost Fund is focused on helping small businesses and nonprofits thrive. This low interest, fixed 4.5%, loan program provides access to flexible funding for capital expenditures and working capital and connects business owners with free support services.
Is CT's budget boom over? Report likely to show eroding revenue
November 09, 2023
New report expected to show finances remain balanced, but days of huge surpluses are over for now
CT businesses will dodge federal unemployment tax hike next year
November 08, 2023
CT repaid $1.2 B borrowed during pandemic to pay jobless benefits.
Low Voter Turnout, Absentee Ballots Make Headlines Across The State
November 07, 2023
Political newcomer Arunan Arulampalam declared victory Tuesday night, winning with 69% of the vote, making the son of Sri Lankan immigrants the next mayor of Hartford.
Moore: ‘It's a Bridgeport Problem'
November 02, 2023
What separated the Democratic primary election overturned Wednesday by a Bridgeport Superior Court judge from previous elections in Connecticut’s largest city was not allegations of absentee ballot fraud, but rather physical evidence to prove it, Sen. Marilyn Moore said Thursday.