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New CT debt report offers sobering look at state finances

May 12, 2023

Pew analysis shows debt in state retiree health care program is among worst in U.S.

  • advocacy - state

AI is here. Connecticut is scrambling to set standards.

May 11, 2023

Connecticut jumped into the fast-changing world of artificial intelligence Thursday with the Senate’s unanimous passage of a bill that would place the state among the first to begin setting standards for the use of AI tools.

  • technology and cybersecurity
  • advocacy - state

Lamont Pressures Lawmakers to Include Debt Cancellation Provision in Budget

May 11, 2023

At the request of his mother, Dennis Thomas went to a doctor just to make sure everything was fine.

  • advocacy - state

CT Senate GOP budget plan calls for $750M in annual tax relief

May 10, 2023

Pitches budget with $750 million per year in relief, relies on big savings from freezing vacant state jobs

  • advocacy - state

Senate Republicans Weigh In With Budget Proposal

May 10, 2023

Senate Republicans weighed in on ongoing state budget negotiations Wednesday with a two-year, $50.4 billion tax and spending plan that prioritizes income and property tax relief while making cuts to state agencies.

  • advocacy - state

Lamont Says His Budget Is Best

May 09, 2023

Connecticut Gov. Ned Lamont sought to build support for his budget proposal Tuesday, focusing on the fact that his spending plan includes deeper tax cuts than the Appropriations Committee’s proposal.

  • advocacy - state

Retirement Savings Headed For Cities and Towns

May 04, 2023

Towns and cities in Connecticut could save more than $33 million next fiscal year under an agreement, announced Wednesday by Comptroller Sean Scanlon, which would restructure a state-run pension plan for municipal workers.

  • advocacy - state

Lamont renews commitment to CT budget caps, tax relief

May 03, 2023

As final budget talks near, governor says state is investing more in key areas but can’t do everything.

  • advocacy - state

MyCTSavings Registration Deadline Extended

May 03, 2023

If you own a business with 5 or more employees and do not offer a qualified retirement savings plan, state law requires that you provide a retirement savings option. Initial registration deadlines have passed, but you can still take action by August 31, 2023. Employers can register with MyCTSavings at no cost to the business, or provide a private retirement plan to comply with the law. Learn more and register at https://myctsavings.com/employers/program-details.

  • business and industry
  • advocacy - state

Poll: Voters like Lamont and tax cuts, open to higher spending

May 02, 2023

Wesleyan poll finds voters, unlike the governor, favor higher taxes on the wealthy

  • advocacy - state

CT remains on pace for big surplus, but revenue begins to slow

May 01, 2023

Consensus Revenue Forecast shows $2.9B surplus, $400M less than expected

  • advocacy - state

CT budget battle heats up as Lamont offers rosy financial picture

April 27, 2023

Critics say governor is exaggerating aid for towns, higher ed.

  • advocacy - state

Finance panel: Next CT tax fairness study must focus on inequality

April 27, 2023

Critics say last study ignored impacts of several state taxes.

  • state tax
  • advocacy - state

Connecticut Completes Hero Pay Program for Essential Workers

April 26, 2023

State Comptroller Sean Scanlon announced that the Premium Pay program, also known as Hero Pay, has concluded after providing one-time payments of up to $1,000 to 157,811 essential workers. The program, which was approved by the Connecticut General Assembly in 2022, aimed to provide support to the critical workforce that kept the state operational during the COVID-19 pandemic.

  • advocacy - state

How do Lamont’s budget, income tax cut proposals compare to the legislature’s?

April 24, 2023

Last week, the Connecticut General Assembly’s Appropriations Committee endorsed a $51 billion budget for the next two fiscal years, and the Finance Committee endorsed a $300 million state tax-cutting plan that includes income tax rate reductions.

  • advocacy - state

NASBA Extends CPA Exam Testing Window to 30 Months

April 24, 2023

In response to feedback submitted through the exposure draft, NASBA has announced that it will adopt an increased testing window of 30 months.

  • accounting and auditing
  • business and industry
  • career resources
  • practice management
  • advocacy - state
  • advocacy - federal

CT legislative leaders and Lamont are gridlocked on spending cap

April 20, 2023

Governor demands gimmick-free budget, Ritter warns Lamont could stand alone.

  • advocacy - state

CT income tax rate cut OK’d by finance committee

April 19, 2023

But overall tax-cutting plan is less generous than Gov. Ned Lamont’s proposal

  • state tax
  • advocacy - state

CT may need to work around budget cap, top lawmakers hint

April 19, 2023

Core education, health care and social services could be at risk without more funding, they say.

  • advocacy - state

Finance Panel Advances Revenue Package, Including Tax Cuts

April 19, 2023

The Connecticut legislature’s finance committee advanced a two-year tax plan on Wednesday that disqualifies some wealthier households from the income tax cuts proposed by Gov. Ned Lamont while broadening an expansion of the Earned Income Tax Credit for the working poor.

  • state tax
  • advocacy - state