RealEstateRama Laws & Taxes
Senator Looney says environmental legislation will boost jobs, economic development in New Haven and across Connecticut. October 5, 2009 - (RealEstateRama) -- A measure included in one of the budget implementer bills passed by the state legislature will help stimulate economic development in New Haven and elsewhere while also preserving the environment, says Senate Majority Leader Martin M. Looney (D-New Haven). The legislation establishes a maximum $25 million tax credit for taxpayers who build buildings that meet specific energy and environmental standards.
MERIDEN, CT - August 26, 2009 - (RealEstateRama) -- Congressman Chris Murphy (CT-5) came to Meriden to promote a new $8,000 tax credit for first time homebuyers that was included in the American Recovery and Reinvestment Act of 2009 (ARRA) to boost the housing market and the overall economy. Murphy was joined by Meriden area first time homebuyers, a local realtor, a People's United Bank representative and other elected officials to encourage Connecticut residents to take advantage of this new tax break before it expires on December 1, 2009
August 18, 2009 - (RealEstateRama) -- Lack of state action on a state bond package is delaying millions of dollars statewide to municipalities, slowing local projects and threatening to cost property taxpayers hundreds of thousands of dollars, according to the Connecticut Conference of Municipalities (CCM), the statewide association of towns and cities.
More Families Eligible for Governor’s Mortgage Assistance Programs. August 5, 2009 - (RealEstateRama) -- Governor M. Jodi Rell today announced that more Connecticut families facing foreclosure will be able to get the financial help they need to stay in their homes thanks to new legislation she has signed into law.
July 9, 2009 - (RealEstateRama) — State Senator Edith G. Prague (D-Columbia), Senate Chair of the legislature’s Select Committee on Aging, and Senate Majority Leader Martin M. Looney (D-New Haven) today welcomed final action on the bill that committee initiated to create a Nursing Home Bill of Rights for Connecticut. Senator Prague said Governor Rell’s signature indicates formal enactment into law
December 29, 2008 - (RealEstateRama) — You asked how (1) many towns approved a local option property tax exemption on farm machinery and buildings and (2) the state could get more towns to provide the optional tax break. This report updates OLR Report
October 09, 2008 - (RealEstateRama) — Governor M. Jodi Rell announced today that the U.S. Department of Veterans Affairs (USVA) will soon be mailing disability verification letters required for local property tax relief to Connecticut’s 22,000 veterans
October 02, 2008 - (RealEstateRama) — Attorney General Richard Blumenthal today, joined by veteran advocates, pledged to aid disabled veterans who may be denied property tax exemptions under a non-existent Oct. 1 deadline, and formally called on the federal Department of Veterans Affairs (VA) to correct a damaging computer system problem that may prevent tens of thousands of disabled veterans from obtaining deserved tax benefits.
Governor Rell Announces Assistance for Disabled Veterans in Obtaining Federal VA Tax Abatement Document
Hartford, CT - October 1, 2008 - (RealEstateRama) — Governor M. Jodi Rell announced today that she has directed the Connecticut Department of Veterans Affairs and the Office of Policy and Management to help ensure disabled service-connected veterans receive their annual property tax abatement benefits.
CCM applauds the Appropriations Committee for a FY 2008-09 budget that includes $46 million in increases in aid for towns and cities over what had been proposed by Governor Rell in February ($26 million above the previously adopted budget).
CCM begins airing radio message on Thursday, January 31, calling on the Governor and General Assembly to reopen the second year of the state budget to increase state aid to towns and work together with towns to solve the property tax crisis