(Hartford, CT) – At the direction of Governor Ned Lamont, and in recognition of the impact of COVID-19, the Department of Revenue Services (DRS) is extending the filing and payment deadline for gift tax returns until July 15, 2020. Gift tax returns reporting gifts made during 2019 are due April 15, 2020, and are reported …
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In his daily news update, Governor Lamont today announced a new agreement involving the state Department of Banking and some 50 state banks and credit unions that will provide temporary mortgage relief for residents and businesses affected by the coronavirus. The relief is applicable to residential and commercial mortgages. Under the agreement, participating financial …
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Below please find a succinct summary of the federal $2 trillion CARES Act as it pertains to small businesses (those with fewer than 500 employees) and nonprofits that will be available in the very near future. NOTE: If you have difficulty opening the links, copy them into a browser – e.g. Google Chrome, Internet Explorer, …
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At 6 p.m. today, the Department of Economic and Community Development announced it will stop accepting applications for the Connecticut Recovery Bridge Loan program, having received more than 4,000 applications since the program was launched yesterday morning. Within the last 24 hours, DECD, along with its partner, Connecticut Innovations, has added additional staff to process …
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Let’s start with the good news: today the stock market closed with all the major indices up! Lest we get too giddy, we are still in the thick of it. In his afternoon briefing today, Governor Lamont reminded listeners to continue exercising an abundance of caution and social distancing in order to try to arrest …
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In what will likely become a regular routine, Governor Lamont today held a news conference to bring the media and public up to speed on the status of COVID-19 operations statewide. At 8 p.m. this evening all non-essential businesses have been directed to close, and for those businesses that have been deemed essential, if there …
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Attached please find the legally binding guidance issued today by the CT Department of Economic Development providing further guidance on which businesses are deemed “essential” to public health and safety and the economy in Connecticut. Those covered in this guidance are not subject to the restrictions and closure requirements outlined in Executive Order 7H issued Friday.
This is the annual OLR report which provides brief descriptions of important issues the General Assembly may face in the upcoming legislative session.
In the spirit of collaboration, Governors and representatives from New York, New Jersey, Connecticut, Pennsylvania and Rhode Island recently gathered for a regional summit to begin grappling with the vexing issues surrounding regulation of cannabis and vaping. Following is a synopsis of the Core Principles framework that was agreed upon by the northeastern leaders. MARKET …
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November 7, 2018 Governor-Elect Upbeat After Win, Says He’ll Name Transition Team by Week’s End; House Dems Hold Presser to Discuss Election, Next Steps Governor-elect Ned Lamont addressed the media at noon and said he’s is going to hit the ground running and is ready to “shake up Hartford and start bringing back jobs and …
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