After dominating the final months of the 2018 General Assembly session, the battle over Connecticut’s bailout of Hartford dissolved with nary a whisper.
Gov. Dannel P. Malloy cautioned his fellow Democrats in the legislature Wednesday that pressing bills restricting the state bailout of Hartford and the governor’s authority over education aid could inflame urban voters at the wrong time.
Gov. Dannel P. Malloy vetoed two bills Thursday, including a measure passed to quell anger over the state’s financial bailout of Hartford, and he cautioned lawmakers to fix significant errors in another law that imposes a surcharge on insurance policies to finance relief for owners of homes with crumbling foundations.
A compromise measure to effectively end the state’s fiscal bailout of Hartford after five years has stalled in the House — because of opposition from Bridgeport and New Haven.
Robust spring tax receipts have largely resolved a problem with the state’s credit card, sparing lawmakers from having to cancel hundreds of millions of dollars in planned capital projects.
The Senate overwhelmingly approved a bipartisan compromise measure to effectively end the state’s fiscal bailout of Hartford after five years.
One day after Connecticut approved a five-year fiscal recovery plan for Hartford, House Democratic leaders said they wouldn’t block a Republican proposal to effectively end the state bailout of the capital city after the upcoming fiscal year.
With just five days left in the legislative session, a stubborn wrinkle is complicating efforts to craft a new state budget: regional politics.
While state Treasurer Denise L. Nappier called the Hartford bailout deal “a non-issue” when it comes to the state’s debt limit, the other state official who OK’d the deal — Gov. Dannel P. Malloy — disagrees, and wants lawmakers to address the problem with Connecticut’s credit card now.
Even if state analysts project income tax receipts will surge again next fiscal year, the prospects of a new budget deal before the session ends on May 9 hinge on lawmakers’ solving several partisan conflicts.