State’s Captive Insurance Program Update

Posted on May 21, 2019 by admin


Facebooktwittergoogle_plusmail

HARTFORD – The state legislature established a not-for-profit captive insurance company, or captive insurer, to help homeowners repair or replace crumbling concrete foundations with the lowest possible amount of borrowed funds. On Monday, it was announced that the captive insurance company will receive a $20 million installment allowing it to begin the process of providing financial assistance to affected homeowners. Many House Republican legislators, representing the towns experiencing the greatest volume of faulty concrete foundations, hailed the allocation of this funding.

(more…)

Rep. Davis Discusses Tax Policy on CNBC

Posted on May 20, 2019 by admin


Facebooktwittergoogle_plusmail

NEW YORK CITY – State Representative Christopher Davis (R-57) appeared on CNBC’s Squawk Box on Friday morning, May 17th to discuss Connecticut tax policy as part of the show’s ongoing reporting on how different states are addressing taxes.

Rep. Davis appeared opposite of Jared Bernstein former Chief Economic Policy Advisor to Vice President Joe Biden. They debated a proposed additional surcharge on capital gains which are currently taxed as income at 6.99%.

(more…)

Retire Your Worn American Flags 5/30 – 6/13

Posted on May 14, 2019 by admin


Facebooktwittergoogle_plusmail

Friends and Neighbors,

With the summer season and patriotic holidays such as Memorial Day, Flag Day and the Fourth of July on the horizon, it is the perfect time to properly retire your worn, faded and tattered American flags as you prepare to put on fresh new displays of the Stars and Stripes.

In cooperation with the American legion, there will be four locations that residents can drop off their worn American flags for proper ceremonial disposal according to the U.S. Flag Code.  Drop-off locations will receive flags from May 30th until June 13th.

(more…)