The House of Representatives overwhelmingly approved a new, $1.5 billion, five-year investment program in Connecticut’s poorest cities and towns.
Lawmakers raised bills to cap property tax hikes, and potentially battle Gov. Ned Lamont for control of Connecticut’s borrowing.
With state finances deep in debt, House Democrats want to increase borrowing to take advantage of low interest rates.
Lawmakers are expected to approve a two-year, $4.7 billion bond package Wednesday that shatters the governer’s “debt diet.”
Legislative leaders closed the Capitol complex indefinitely Monday to all non-legislative functions. It will be shut for an intensive four-day cleaning starting Thursday..
Connecticut’s tolls debate is over, yet millions of dollars in town aid remains in political limbo.
Republican leaders may be on the governor’s “debt diet,” but rank-and-file GOP lawmakers are bypassing the proverbial salad bar.
Connecticut’s tolls debate may be over for now, but that lull only means Gov. Ned Lamont and legislators now must resolve a daunting list of fiscal challenges left in its wake.
Gov. Ned Lamont kept his pledge to Connecticut municipalities Friday, beginning the process of releasing $150 million in municipal aid stalled since last summer by the debate over tolls.
Gov. Ned Lamont pledged Wednesday to support borrowing for overdue municipal aid — even if legislators reject his transportation initiative and the truck tolls that would come with it.
Gov. Ned Lamont and the General Assembly took two significant steps closer to ordering electronic tolls on large trucks that travel Connecticut’s highways.
Gov. Ned Lamont suggested Tuesday that long-delayed state grants to municipalities would be delivered by Christmas. That is unlikely to happen.
With $30 million in promised state aid to towns already months overdue, local leaders say seasonal demands can’t wait for resolution of tolls debate.
The governor released an agenda for State Bond Commission meeting that recommends about $400 million in new financing.
On this issue, Republicans are ready to back the Democratic governor.