Coming soon: CT state income tax cut
The 2023 session of the CT legislature began last week with the swearing-in of Governor Lamont, constitutional officers, and members of the Connecticut General Assembly. Below is the schedule and the significant issues expected in this session. CGA regular session convened Jan 4th and adjourns June 7th: The state of CT passes biennial budgets. This year the Legislature will pass a budget for the fiscal years 2023 and 2024. Committees will start reviewing bills proposed by legislators, hold public hearings, debate, and vote on the bills. The first three months are committee work, followed by the general session. If you want the Legislature to consider a bill, now is the time to discuss it with your representative/senator. You can look up your state legislator by clicking HERE. Budget surplus and bipartisan support for a middle-class tax cut: The Comptroller's latest report indicate that revenues will exceed budgeted expenditures by $2.8 billion this year. The Governor and the Legislature are both considering a middle-class tax cut which would cost around $400 Million. The discussion in Hartford is about what defines the middle class in CT. There is some discussion that an across-the-board tax cut could be more effective in attracting job creators and promote growth. CT population stayed constant in the last decade, while the US population grew by 8%. The rest of the surplus will support the pensions, which are underfunded and have suffered market losses. Click HERE to take a three-question survey on the state income tax cut. I plan to share the results with the legislators. Energy policy at the forefront: Electricity, natural gas, and heating oil prices have skyrocketed, and CT residents have been hard hit. The default electricity prices have increased by 50%. The energy committee and the state legislature will take up this issue. Our energy policy needs an overhaul where affordability, reliability, and sustainability are thoughtfully balanced. In recent years policy has ignored affordability, and these high prices might force realism into policymaking. Unfortunately, the inaugural day ended with the tragic death of State Representative Quentin "Q" Williams, who died in a car crash on his way back home. It was my honor to work with Rep. Williams. He was vibrant and delightful - always smiling. His untimely departure is an irreparable loss to our community. May his soul rest in peace. Harry Arora Former State Representative PS: Many residents in CT have been unable to switch their electricity provider because a block has been placed on their account by the utility. If you are facing that situation, please email me for information on how to resolve the issue.
This email is from Former State Representative Harry Arora. It is a public interest email to inform CT residents about state programs and policies. If you need any more information or help please email Harry directly at email@example.com