Posted on September 30, 2024
Several new laws will take effect October 1st that could have an impact on you, your business, or our community. I have highlighted some of them below.
An expanded list of those that will take effect on October 1, along with summaries, can be accessed here.
A summary of some new laws include:
VETERAN PROPERTY TAX EXEMPTION
The House unanimously passed a bill to establish a property tax exemption for veterans who have a service-connected permanent and total disability rating as determined by the United…
Posted on August 27, 2024
House and Senate Republicans are petitioning for a special legislative session to tackle perpetually high electric rates in Connecticut.
The petition, which will be submitted to Connecticut’s Secretary of the State, states that the lawmakers deem it “necessary for the General Assembly to meet in special session” for the purpose of passing several policies which aim to provide ratepayers with long-term relief.
“As we get closer to the next electric bill hitting our mailboxes, and still not being…
Posted on August 17, 2024
Connecticut’s annual Sales Tax Free Week begins on the third Sunday of August and runs until the following Saturday. This year it’s 8/18-8/24! This is timed in the run up to the start of the new school year when families are shopping for back-to-school clothing.
This applies to in-person purchases and purchases made online. The exemption applies to each eligible item costing under $100 regardless of how many of those items are sold to a customer on the same invoice. Tax is calculated on the final…
