CT will begin issuing pandemic bonuses to private-sector workers on Feb. 1. More than 150,000 essential workers will receive payments.
Money
Stories about Connecticut’s budget, the federal budget, jobs and employment, state investments and casinos.
Posted inMoney
Connecticut’s gas tax is returning incrementally. What’s going on?
CT’s 25-cents-per-gallon gas tax was suspended in March 2022 due to rising fuel prices. As of Jan. 1, the state is gradually restoring it.
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CT nonprofits want $482 million funding boost
CT social service providers, after years of underfunding, have sights set on the budget surplus to fix understaffing and other issues.
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New CT state police contract offers raises to boost recruitment
A new contract could boost wages for CT state police nearly 10% in its first year as Connecticut tries to reverse a recruitment crisis.
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Lamont proposes tax cut for small and mid-sized businesses
Lamont will propose to cut the pass-through entity tax as part of the budget plan he will deliver to the General Assembly on Feb. 8.
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CT Port Authority is likely to ask for more money for State Pier
Last year, CT Port Authority promised that taxpayers would not need to contribute any more money to the New London State Pier redevelopment.
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CT tax receipts surge as Lamont prepares new tax-cutting plan
Projections for state tax receipts increased again, pushing the current fiscal year’s surplus beyond $3 billion, according to a new report.
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Even with gas tax holiday, CT’s transportation coffers are flush
CT Republicans want tax cuts, but labor and business say the sluggish highway building program threatens the state’s economic future.
Posted inEconomic Development
Sema4 settles up with CT after relocating labs out of the state
Sema4, now known as GeneDx, has paid back $2 million of a $15.5M state loan and agreed to a reduction in how much the state would forgive.
Posted inMoney
CT government can spend more as inflation soars. But should it?
CT legislators are eyeing more funds for child care, municipal aid and education as inflation has increased how much the state can spend.
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Lamont wants lawmakers to keep CT budget guardrails in place
CT’s strong financial situation has led to to calls for tax cuts or more spending or both. Gov. Lamont wants to keep the safeguards in place.
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BEST OF 2022: Save or spend? Connecticut legislators could upend budget rules in 2023
CT has saved $9 billion since 2017, but some say the budget constraints need to be loosened as pressures hit families and workers.
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CT retail gas tax resumes, starting on New Year’s Day
CT begins restoring the retail gasoline tax today, Jan. 1. Drivers will pay 5 cents per gallon in January to begin four-month-long phase-in.
Posted inHealth
BEST OF 2022: Housekeepers know they’re essential. They want to get treated like it.
Many housekeepers at Connecticut hospitals say COVID-19 pandemic benefits have only come after prolonged demands for recognition, if at all.
Posted inMoney
BEST OF 2022: Did Ned Lamont offer the largest tax cut in Connecticut history? By one standard, yes.
Gov. Ned Lamont says his tax relief plan is the largest in CT history, yet it’s a tiny share of the government’s current financial windfall.