by The Associated Press | Jun 8, 2022 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Industry News
On the same day Democratic Gov. Ned Lamont launched a campaign ad touting recent tax-cutting measures, Connecticut Republicans on Tuesday demanded a special session to cut even more, calling the 25-cent-per-gallon gas tax holiday “embarrassing” now that prices are near $5 a gallon in the state and inflation continues to affect the price of goods and services.
by The Associated Press | May 12, 2022 | Commercial & Industrial, CR Daily, Industry News
Connecticut’s Supreme Court ruled Tuesday that executive orders issued by Gov. Ned Lamont affecting restaurants during the COVID-19 pandemic could not be used by a Norwalk eatery as an excuse not to pay the rent.
by The Associated Press | Apr 29, 2022 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News
Connecticut lawmakers voted Thursday to officially set a target of 2040 for having a carbon-free electricity supply, despite skepticism about whether the state can meet that goal and whether ratepayers can afford the cost.
by The Associated Press | Apr 28, 2022 | Banking & Lending, CR Daily, Industry News
Broad agreement has been reached on a revised one-year state budget proposal, Connecticut Gov. Ned Lamont and his fellow Democrats in the General Assembly announced Wednesday.
by The Associated Press | Apr 25, 2022 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Democratic Connecticut Gov. Ned Lamont’s gross adjusted income for three of his four years in office totaled nearly $26 million, according to tax records released Thursday in a gubernatorial rematch between two wealthy candidates.
by The Associated Press | Apr 15, 2022 | Banking & Lending, CR Daily, Industry News
Members of a state oversight board decided Thursday they need greater control over the finances of West Haven, Connecticut. The city has been under the microscope after a former state representative and others were accused of stealing hundreds of thousands of dollars in COVID-19 relief funds awarded to the municipality.
by The Associated Press | Apr 13, 2022 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News
Connecticut’s governor said Tuesday that the state may provide supplemental funds to help conservationists purchase a 252-acre Boy Scout camp and keep it out of the hands of developers.
by The Associated Press | Apr 11, 2022 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News
With Connecticut flush with federal COVID-19 relief funds, the Democratic-controlled Appropriations Committee advanced a one-year, $24.16 billion spending plan on Thursday that attempts to address the pandemic’s continuing impacts.
by The Associated Press | Apr 7, 2022 | Banking & Lending, CR Daily, Industry News
While Democratic and Republican legislators agree taxes in Connecticut should be lowered, especially given the state’s large budget surplus, there was continued disagreement Wednesday over which taxes should be targeted and when taxpayers should expect to feel some relief.
by The Commercial Record | Dec 20, 2018 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
An advisory board set up by Gov.-elect Ned Lamont is urging the governor to boost transportation links and computer education to help the Connecticut economy.
by The Commercial Record | Dec 10, 2018 | Commercial & Industrial, CR Daily, Industry News
The most recent plan on the table calls for a $100 million renovation, downsized from a $250 million renovation supported by Lamont’s predecessor, outgoing Gov. Dannel Malloy.
by The Associated Press | Nov 30, 2018 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Industry News, Residential Real Estate
It is nine years and counting since the last time Connecticut had a recession.
by The Associated Press | Aug 24, 2018 | Banking & Lending, CR Daily, Industry News
The race for governor has given rise to a heated debate over taxes, with the two major party candidates offering competing plans to either eliminate the state’s personal income tax or reduce local property taxes.