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Despite opposition, Rocky Hill public health lab gets funding

The State Bond Comission today approved funding for a new public health laboratory in Rocky Hill–an action opposed by neighbors and area legislators. “It should be in a more isolated location,” said Sen. Paul R. Doyle, D-Wethersfield. “If it’s not OK for New Britain”–one of a dozen other sites considered– “then why is it OK […]

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Committee revenue plan hits estates, hospitals, corporations

The General Assembly’s tax-writing committee wrapped up a plan Tuesday to bring an extra $180 million to $200 million in tax revenue and federal aid into the state’s coffers next fiscal year. The Democrat-controlled Finance, Revenue and Bonding Committee endorsed a dramatic hike in the estate tax, a new levy on hospital gross revenues designed […]

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Panel wants rate rollback for electric customers diverted to bail out state budget

Nearly $1.8 billion slated to come off most Connecticut consumers’ electric bills over the next decade would remain in place to help balance the state budget under a plan adopted Tuesday by the legislature’s Finance, Revenue and Bonding Committee. The Democrat-controlled panel voted 37-19, largely along party lines, to approve the so-called securitization bill, which […]

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Griebel raises $300,000, others still tallying

Republican gubernatorial candidate Oz Griebel has raised $300,000 since declaring his candidacy two months ago, his campaign announced Tuesday. Griebel was the only candidate to release fundraising results for the first quarter, which ended March 31. No reports have to be filed with the State Elections Enforcement Commission until April 12. Republican Mark Boughton said […]

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Chamber leaders oppose health insurance mandates

Chamber of commerce leaders are calling on the legislature to reject the 15 different bills that mandate increased health insurance coverage for various medical conditions. “We need a moratorium on new health care mandates,” said JoAnne Ryan, president of Northwest Connecticut’s Chamber of Commerce. Chamber leaders say the costs imposed on insurance companies will be […]

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Finance panel to securitize electric bills, declines Keno option

The legislature’s Finance, Revenue and Bonding Committee is expected to approve selling future revenues tied to monthly electric bills for pennies on the dollar to provide $1.3 billion to help balance next fiscal year’s budget, sources said this afternoon. The committee, which began meeting 10 minutes ago, also will not back an alternative securitization plan, […]

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Lawmakers cut some of their projects, and some of the governor’s as well

The legislature’s bonding panel offered its own plan Monday to keep state government under its credit limit. But while the Finance, Revenue and Bonding Committee recommended canceling more than 180 projects previously approved for funding – including dozens of community and regional projects in lawmakers’ home districts – it also targeted millions in economic development […]

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