The CT Mirror (https://ctmirror.org/tag/hospital-provider-tax/)
While Connecticut learned Friday that surging state income tax receipts now are running $1.03 billion more than anticipated — $116 million better than Thursday’s forecast — Gov. Dannel P. Malloy disclosed the state has a pretty hefty accounting problem equal to about $150 million. Continue Reading →
Gov. Dannel P. Malloy signed a bill Tuesday that makes technical budget revisions he forced through a line-item veto, but he also raised a new complaint: The legislature improperly transferred a $2.9 million children’s health program to an account funded by assessments on the insurance industry. Continue Reading →
The Senate voted unanimously Tuesday to fix a series of technical issues in the new state budget, including a flaw with the new hospital provider tax increase. Continue Reading →
Legislative leaders agreed Thursday to call lawmakers back to Hartford next week to revise, but not “re-litigate” the bipartisan budget passed last month, primarily by changing terms of what Gov. Dannel P. Malloy complained was a flawed hospital tax that could cost Connecticut hundreds of millions of dollars in federal Medicaid reimbursements. The session will provide a modest coda to one of Connecticut’s longest struggles to finalize a budget. Continue Reading →
Responding to shrinking tax revenues, Gov. Dannel P. Malloy’s administration suspended about $140 million in payments to Connecticut’s acute-care hospitals this week. The decision drew angry responses from the Connecticut Hospital Association and the legislature’s Republican minority. Continue Reading →
The University of Connecticut’s economic think-tank predicted Thursday that the state’s job growth this year and next probably will stall or even decline — a dramatic reversal of its forecast of robust job growth issued just four months ago. Continue Reading →