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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
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COVID-19: Plastic Bag Fee Returns In Connecticut COVID-19: Plastic Bag Fee Returns In Connecticut
Covid-19: Plastic Bag Fee Returns In Connecticut After being suspended for more than three months, the plastic bag fee at retailers in Connecticut is back as the state recovers from the novel coronavirus (COVID-19) pandemic. Connecticut Gov. Ned Lamont signed an Executive Order on Thursday, March 26 suspending the $0.10 fee for each single-use plastic bag in an attempt to curtail the spread of COVID-19. That Executive Order expired on June 30, and as of Wednesday, July 1, retailers providing customers with plastic bags will once again be collecting the fee, which goes to the state’s Department of Revenue Services. If a store charges a …

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by Zak Failla
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COVID-19 Crisis Could Cost Connecticut Billions, Lamont Says COVID-19 Crisis Could Cost Connecticut Billions, Lamont Says
Covid-19 Crisis Could Cost Connecticut Billions, Lamont Says The novel coronavirus (COVID-19) outbreak could wind up costing Connecticut billions of dollars and wiping out the state’s rainy day fund. Calling the numbers “sobering,” Connecticut Gov. Ned Lamont previously said that Connecticut will end the fiscal year with a $1 billion budget shortfall, with the number potentially doubling over the next cycle, which begins in July. Budget numbers released by the Office of Fiscal Analysis show Connecticut’s budget deficit this year grew to over $1 billion, an increase of more than $687 million over the previous estimate. Sales tax revenue dro…

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by Zak Failla