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Legislators ready to repair public campaign finance law

Months after the state’s public campaign finance system was struck down by the U.S. district court, the legislature’s election committee shed some light on what their fix will include. Rep. James F. Spallone, co-chairman of the Government Administration and Elections committee, said Monday the bill to be introduced when the legislature convenes Wednesday will likely […]

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Senate Democrats pitch cutting business registration tax, increase tax on employee bonuses

Senate Democrats Monday proposed a package of measures to help small businesses, funded by a tax on employee bonuses over $1 million paid by companies that received federal bailout money last year. Among the proposals for small businesses: Eliminate the $250 business entity tax for small businesses, create a small business loan fund and hold […]

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State to defer $100 million in pension payments

State employee union officials said Thursday they have agreed to a plan by Gov. M. Jodi Rell’s administration to delay $100 million in contributions to their pension fund–a move that shrinks the budget deficit projected for this year, but adds to the state’s $15.8 billion in long-term, unfunded pension obligations. “It’s better than cutting spending,” […]

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