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Connecticut reserves prompt first upgrade in 20 years
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COVID-19, other factors lead to budget shortfalls within key state agencies
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Connecticut Tax Break Bill Aims to Entice Data Centers
The state Senate has passed a bill that would provide data centers locating in Connecticut with tax breaks if they invest a certain amount of money, a measure that has garnered enthusiastic support from some. by Erica Moser, The Day / March 2, 2021
Senate on Monday evening passed a bill that would provide data centers locating in
Connecticut with tax breaks if they invest a certain amount of money, a measure that has garnered enthusiastic support from some eastern
Connecticut legislators and advocates for the building trades.
The
Senate passed the bill 29-5, after the House passed the bill by a 133-13 vote last Wednesday, which Gov.
From left, Connecticut Conference of Municipalities Executive Director Joe DeLong, Council of Small Towns Executive Director Betsy Gara, and former Gov. Dannel P. Malloy. (CTMirror.org)
For some municipal leaders, the state legislature’s 2015 promise to send hundreds of millions of dollars in sales tax revenue to cities and towns is one of the worst examples of fiscal bait-and-switch in Connecticut politics.
And for the Democratic state legislators who won re-election after making that pledge the promise is something they’d like to forget.
That’s because the Municipal Revenue Sharing Account, the mechanism through which municipalities would receive a portion of the state sales tax, also has become a recurring pain in the legislature’s side.
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