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News from State Senate President Pro Tempore Martin Looney

May 12, 2016

Capitol address
Legislative Office Building
Room 3300
Hartford, CT 06106-1591

E-mail me here

On the Web

Capitol: 860-240-0375
Toll-free: 1-800-842-1420

Senate Passes Budget with No Tax Increases

Today, I supported and helped pass a budget with no new taxes. The budget makes long-term spending cuts, consolidates government, institutes fiscal reforms and reduces state employee benefits.

The Hartford Courant

"By passing the no tax hike budget, lawmakers will begin the process of getting Connecticut's fiscal house in order and addressing the greater challenges ahead."
    - CBIA President and CEO Joe Brennan

Sends a Strong Message to Businesses

  • Does NOT raise income tax rates
  • Does NOT raise sales tax rates
  • Does NOT raise business and corporate tax rates

Spending Cuts & Structural Changes

  • $1.5 billion from the state's budget has been cut over the past year
  • Significantly cuts the government's payroll
  • Reduces spending on state workers by capping nonunion pensions and increasing health care premiums
  • Continues the plan to fully fund past pension liabilities including over $1 billion this year

Leverages Our Bioscience Sector & Highly Educated Workforce

  • Maintains a strong level of investment in our community hospitals, the drivers of local economies and our emerging bioscience sector
  • Continues to invest significantly in our colleges and universities, which are hubs of innovation and ensure we have a competitive, highly educated workforce

Increases Local Funding & Cuts Car Taxes

  • Municipal funding increased nearly $50 million despite a budget deficit
  • Continues a strong level of local education funding to ensure our education pipeline remains robust
  • Dedicates a new stream of state funding to every town in the state in order to hold down property taxes
  • Statewide cap on car taxes will provide over $61 million of tax relief

You're receiving this newsletter because you either opted in via e-mail or on my website, or you've been in touch with me or my office regarding an issue or issues of importance to you.

My mailing address is:
Senator Martin Looney, Legislative Office Building, Room 3300, Hartford, Connecticut 06106
Capitol telephone: 860-240-0375, or Toll-free: 1-800-842-1420

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