Advocacy Updates
2024 Connecticut Legislative Bill Summary
The CTCPA Advocacy team is maintaining a summary of all the bills that may have an impact on CTCPA's membership. The list will be updated every time an action occurs on a measure.
This report was last updated on: April 8, 2024
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Connecticut Legislative News
Governor Lamont Announces New Tourism Campaign Aligning With Connecticut's Brand Theme, 'Make It Here'
March 28, 2024
Governor Ned Lamont today announced the launch of Connecticut’s latest tourism campaign for the spring and summer 2024 travel season. The campaign leans into the state’s new brand theme “Make It Here,” aligning the branding and tourism campaigns with this singular tagline and bringing synergy to efforts encouraging consumers to live, work, and play in Connecticut.
Joe Lieberman Remembered For Integrity, Conviction, And Being ‘Fiercely Independent’
March 27, 2024
Joe Lieberman died Wednesday at 82, reportedly following complications from a fall. He was a Stamford native and centrist Democrat who served four terms in the U.S. Senate and was the Democratic nominee for vice president in 2000 alongside Al Gore.
CT lawmakers seeking new options to work around budget cap
March 22, 2024
Democrats insist they won’t pass a budget that short-changes core programs.
CT state agencies ordered to tally unspent ARPA funds
March 20, 2024
All CT agencies must respond by March 25.
ESPN: Repealing film tax credit ‘will cause a chilling effect’ on sports media company’s future growth in CT
March 20, 2024
Dozens of film and production industry workers and leaders converged on the Legislative Office Building in Hartford Wednesday to voice their opposition to a bill that would eliminate Connecticut’s film production tax credit.
CT’s big budget question: How much COVID relief money remains?
March 15, 2024
Funding next year for higher education and social services depends on Gov. Ned Lamont’s answer to how much ARPA money remains.
Federal Legislative News
Latest federal budget includes $20 billion rescission for IRS
March 26, 2024
The budget passed by Congress over the weekend officially rescinds $20 billion in long-term spending for the IRS, a move that the Congressional Budget Office (CBO) said will reduce federal revenues and increase the cumulative deficit.
Enforcement, voluntary programs yield over $1 billion from ERC claims
March 22, 2024
The IRS has identified about $1 billion in potential savings from erroneous employee retention credit (ERC) claims, with over half of that money coming from enforcement efforts and the rest from the ERC voluntary disclosure program (VDP) and claim withdrawal process, officials said Friday.
Seven warning signs of incorrect Employee Retention Credit claims for businesses to review as key March 22 deadline approaches
March 20, 2024
To counter promoters that marketed misleading information about the Employee Retention Credit (ERC), the Internal Revenue Service urged businesses to review seven suspicious signs of a bad claim and see if the agency’s special programs can help them avoid future compliance issues.
Senators introduce bill to curb GRAT tax break
March 19, 2024
A pair of lawmakers proposed a bill Wednesday to end the abuse of grantor-retained annuity trusts to avoid taxes.
Werfel says digital initiatives can transform ‘iconically unpopular’ IRS
March 19, 2024
Danny Werfel understands that the IRS has a perception problem. The IRS commissioner said in a speech Monday at American University that the Service is "iconically unpopular," even playing a clip from The Simpsons to illustrate the point.
Decision holding Corporate Transparency Act unconstitutional appealed
March 12, 2024
The U.S. Justice Department (DOJ) appealed a federal court decision that held the Corporate Transparency Act (CTA), P.L. 116-283, which requires the reporting of beneficial ownership information (BOI) by businesses, is unconstitutional.