News
Laws & Taxes

Dodd Calls for Extension of Homebuyer Tax Credit

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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 Area

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 Rights

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

CCM applauds Appropriations Committee increase in aid; looks to General Assembly to build on aid increase, as towns struggle

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).