Year: 2023

GOVERNOR LAMONT ANNOUNCES 2023 LEGISLATIVE PROPOSAL: CUT INCOME TAX RATES FOR THE MIDDLE CLASS

Governor Calls for Connecticut’s First Income Tax Rate Reduction in Almost Thirty Years and the Largest Rate Reduction in State History (EAST HARTFORD, CT) – Governor Ned Lamont today held a news conference in East Hartford to announce that the fiscal years 2024 and 2025 biennial state budget proposal that he will present to the General Assembly later this week calls for a broad-based reduction in income tax rates for middle-class workers in Connecticut. Currently, single (joint) filers pay a 3% state personal income tax on their first $10,000 ($20,000) of adjusted gross income and a 5% tax on income up to $50,000 ($100,000). Governor Lamont is proposing to permanently lower the 5% rate to 4.5% and the 3% rate…

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GOVERNOR LAMONT AND CONGRESSIONAL DELEGATION ANNOUNCE CONNECTICUT RECEIVING $18 MILLION FEDERAL GRANT TO ADDRESS UNSHELTERED AND RURAL HOMELESSNESS (NEW HAVEN, CT) – Governor Ned Lamont, Senator Richard Blumenthal, and Senator Chris Murphy today held a news conference in New Haven to announce that the State of Connecticut is receiving an $18 million grant from the U.S. Department of Housing and Urban Development to address homelessness among people in unsheltered settings and in rural communities. The funds are being directed toward two state agencies – the Connecticut Department of Housing and the Connecticut Department of Mental Health and Addiction Services – and will be distributed over a three-year period with the state receiving approximately $6 million annually. These funds will be…

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