Laws & Taxes

Laws & Taxes

Senate Democrats Pass Green Building Tax Credit

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.

Murphy Promotes $8,000 Tax Break for First Time Homebuyers with New Homeowners in Greater...

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

Lack of State Bond Package Slowing Local Projects, Could Cost Property Taxpayers, Warns CCM

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.

Governor Rell: New Laws Expand Mortgage Help For Connecticut Homeowners Facing Foreclosure

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.

Majority Leader Looney, Prague Hail Enactment of Law Creating State’s Nursing Home Bill of...

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

Property Tax Exemption for Farm Machinery and Buildings

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

Governor Rell: Federal VA to Mail Vets Disability Verification Letters Required for Property Tax...

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

Attorney General Acts To Ensure Thousands Of Disabled State Veterans Receive Deserved Benefits

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 Appropriations Committee increase in aid; looks to General Assembly to build on...

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).

Reopen budget to increase aid; work together to solve property tax crisis

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

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MURPHY CRITICIZES CONTINUED NEGLIGENCE AND ABUSE AT HOMES FOR DEVELOPMENTALLY DISABLED;...

Following continued alarming reports of negligence and abuse at homes for developmentally disabled residents, U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Health, Education, Labor, and Pensions Committee, committed to introduce legislation to address this issue. The second investigation released today by the Office of the Inspector General (OIG) of the Department of Health and Human Services outlined issues in Massachusetts similar to those found in the OIG investigation into Connecticut, which was released on May 24, 2016

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Attorney Involved in Scheme that Targeted Distressed Homeowners Sentenced to 30...

Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that BRADFORD BARNEYS, 51, of Odenton, Maryland, was sentenced today by U.S. District Judge Michael P. Shea in Hartford to 30 months of imprisonment, followed by three years of supervise release, for conspiring with Timothy W. Burke in a long-running fraud scheme that targeted distressed homeowners throughout Connecticut. BARNEYS was an attorney licensed to practice in Connecticut and has an office in Bridgeport.