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Here's How Much CT Motorists Can Save Per Gallon When Gas Tax Holiday Takes Effect Here's How Much CT Motorists Can Save Per Gallon When Gas Tax Holiday Takes Effect
Here's How Much CT Motorists Can Save Per Gallon When Gas Tax Holiday Takes Effect Some financial relief at the pump could be on the way for Connecticut drivers as state lawmakers continue to throw their support behind a proposed “gas tax holiday.” The General Assembly unanimously approved a three-month 25-cent per-gallon state gas tax holiday that will begin on Friday, April 1, and last through Thursday, June 30. Having passed 143-0 by the House and 33-0 in the Senate on Wednesday, March 23, the legislation now goes to Connecticut Gov. Ned Lamont - who helped negotiate the relief plan and previously expressed his approval of it - to sign into law. 
Original story - H…

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by Zak Failla
News
Here's When CT 'Gas Tax Holiday' Plan For Relief On Prices Could Start Here's When CT 'Gas Tax Holiday' Plan For Relief On Prices Could Start
Here's When CT 'Gas Tax Holiday' Plan For Relief On Prices Could Start Connecticut Gov. Ned Lamont has a plan to provide motorists a bit of financial relief as gas prices at the pump continue to surge to record highs. Lamont announced on Monday, March 14 that there was a bipartisan agreement to enact a “gas tax holiday” that could begin within a week to eliminate the 25-cent per-gallon tax through the summer. According to the governor, the “holiday” will cost the state approximately $90 million and could cut the tax through Thursday, June 30. If approved by the General Assembly, the “holiday” could begin as soon as next week. Lamont added that the state may …

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by Zak Failla
Politics
COVID-19: Here's How Much Longer Lamont Wants Executive Powers Extended COVID-19: Here's How Much Longer Lamont Wants Executive Powers Extended
Covid-19: Here's How Much Longer Lamont Wants Executive Powers Extended Connecticut Gov. Ned Lamont said that he expects to extend his emergency powers for another 90 days as he works with state lawmakers on certain COVID-19 mandates and protocols. With his emergency powers to expire on Thursday, Sept. 30, Lamont said he plans to extend his emergency powers 90 days further, saying that action through the General Assembly “takes too long.” The emergency powers would then be extended through Wednesday, Dec. 29. Lamont previously said that in order to continue issuing COVID-19-related executive orders, he would have to extend his emergency powers past Sept. 30. …

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by Zak Failla
Politics
CT Earned Income Tax Credit To Increase: Here's Who's Affected CT Earned Income Tax Credit To Increase: Here's Who's Affected
CT Earned Income Tax Credit To Increase: Here's Who's Affected Thousands of low-to-moderate income working individuals and families in Connecticut will see a significant boost in their state income tax credits under the newly signed state budget. Gov. Ned Lamont announced that the Connecticut Earned Income Tax Credit is scheduled to increase from 23 percent of the federal credit to 30.5 percent this year. In total, the new budget will result in an additional $40 million being delivered to the nearly 195,000 households that are eligible for the tax credit, for a total of $158 million. The Connecticut Earned Income Tax credit was created in 2011. The n…

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by Zak Failla
Politics
New Train Station In Bridgeport Is Part Of Lamont's Toll Proposal New Train Station In Bridgeport Is Part Of Lamont's Toll Proposal
New Train Station In Bridgeport Is Part Of Lamont's Toll Proposal Several new train stations may be coming to Connecticut - including one in Fairfield County - under Gov. Ned Lamont’s toll plan proposal. Earlier this month, the governor released a 24-page preliminary draft of his electronic highway tolling plan, which calls for no more than 50 gantries on Interstates 91, 95, 84, and along Route 15, which includes the Merritt and Wilbur Cross parkways. As part of the proposal, new train stations would be constructed in Bridgeport, Hartford and Newington, though that plan has reportedly come under fire. According to reports, Republicans in Connecticut are f…

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by Zak Failla
Politics
Retailers Can't Refuse To Accept Cash Under New CT Measure Retailers Can't Refuse To Accept Cash Under New CT Measure
Retailers Can't Refuse To Accept Cash Under New CT Measure Cash will remain king in Connecticut, as lawmakers opted to prohibit cashless retailers from setting up shop in the state. Committee members of the General Assembly approved legislation that will prohibit businesses such as Amazon Go from refusing cash for payment. The bill was passed, following in the footsteps of several other states nationwide who are encouraging consumers to use cash. The bill, which was introduced by Rep. Holly Cheeseman, overwhelmingly passed last month by a 15 to 1 vote. Fairfield County Rep. David Rutigliano was the lone dissenter, arguing that such measures should …

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by Zak Failla
Politics
Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit
Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit During the gubernatorial debates, Democrat Ned Lamont said his first order of business would be to craft a fiscally-responsible state budget within 90 days. The clock is ticking, and outgoing governor Dannel P. Malloy offered the governor-elect some tips. Malloy suggested some strategies to avert a multi-billion-dollar deficit that Connecticut could face over the next two years — if solutions remain elusive. Malloy suggested that Lamont, a Democrat from Greenwich, tap into state reserves to avoid tax hikes. Other deficit-trimming options Malloy cited in his transition budget include: …

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by Jon Craig
Politics
Ganim: Taxpayers Will Save Millions Thanks To Bridgeport Bond Sale Ganim: Taxpayers Will Save Millions Thanks To Bridgeport Bond Sale
Ganim: Taxpayers Will Save Millions Thanks To Bridgeport Bond Sale BRIDGEPORT, Conn. — The city recently completed a pension bond sale, raising $96 million to help pay down long-term unfunded pension liability covering retirement costs for current and former police officers and firefighters. Announcing the move Thursday, Mayor Joe Ganim said the measure will save city taxpayers about $2 million in net debt service payments each year over the next 26 years. “Selling these bonds empowers the city of Bridgeport to eliminate a major piece of unfunded pension liability in a way that is saving taxpayers millions of dollars — a win-win!’ the mayor said in a writt…

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by Meredith Guinness