Connecticut's state legislature is advancing key fiscal measures amid a stable economy. The Democrat-led Appropriations Committee unveiled a $28.9 billion budget proposal for fiscal year 2027, exceeding Governor Ned Lamont's plan by nearly $150 million, with boosts for Medicaid rates, magnet schools, public transit, and state police recruitment, according to CT Insider. Republicans criticize it as relying on fiscal gimmicks that could widen deficits. State Comptroller Sean Scanlon projects a tiny $6 million shortfall in the current $27.2 billion budget, cushioned by robust reserves and higher-than-expected tax receipts, as reported by CT Mirror.
Economically, gas prices hit $3.95 per gallon statewide, up sharply due to global conflicts including the Iran war, adding $15 million to transportation funds per CT Insider. A 2021 data center tax incentive has underperformed, with only Cigna claiming $17 million in rebates for an $863 million investment that created just five jobs, Governing.com notes. Legislators are debating ending it amid energy cost concerns.
In politics and community news, bottle deposit reform talks intensify, with Republicans pushing a 5-cent rate hike over Democratic enforcement plans. Darien proposes a one-year pause on large multifamily developments amid a housing crisis, where Connecticut ranks last nationally in active listings, per Coastal Connecticut Times. Governor Lamont broke ground on renovating the Connecticut Agricultural Experiment Station's Valley Laboratory in Windsor, adding modern labs and greenhouses for plant health research, as announced by his office. A family caregiver tax credit up to $2,000 advances to ease affordability burdens, CT Public reports. Public safety reminders urge bear awareness as conflicts rise, with DEEP noting entries into 18 homes last year.
No major weather events have disrupted the state recently.
Looking Ahead: Watch for the budget committee vote post-caucuses, bottle bill deadline Wednesday, Darien moratorium debates, and legislative session end May 6.
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