April 24, 2018
Aresimowicz promises House vote on tolls:
House Speaker Joe Aresimowicz, D-Berlin, said Tuesday he intends to call a vote next week on legislation making an initial commitment to implementing electronic highway tolls, despite Republican opposition that could brand Democrats as the party of tolls. Read more
April 19, 2018
How was your drive into work this morning? Are you sending crews out to job sites or to client’s offices? What if it cost you to get to and from work every day, never mind the driving you and your employees do in-between?
You may have heard that the Connecticut Finance, Revenue & Bonding Committee passed a bill in support of the implementation of tolls in Connecticut. The vote tally can be viewed here. Now that they have voted it out of committee, the Speaker of the House indicated he would call it for a vote on the House floor before the legislative session ends on May 9th. What does this mean for you?
The bill would give the Department of Transportation the authority to install tolls throughout the state. Contrary to public perception, it is illegal in Connecticut to place tolls only on the borders.
One study suggested putting up electronic toll gantries at 12 places along I-95 between New Haven and the New York line, with ten tolling spots along the Merritt Parkway. At 50 cents per station on I-95, a one-way, peak hour trip from New Haven to New York would cost a driver $6.
The Connecticut Transportation Finance Panel estimates it will cost $373 million to install the tolls, and that does not include the environmental impact studies, and studies of traffic diversion and economic impacts.
Another study said that 71% of the toll revenue would come from residents while only 29% would come from out of state drivers. Undoubtedly, the cost of doing business will go up and this legislation will have a direct impact on Fairfield County. It’s unclear the final package the legislature will be voting on at this time, but it’s imperative lawmakers understand how their constituents feel.
Call or write your legislator and let them know how you feel about tolls. It is critical they hear from you now before they cast a vote.
April 9, 2018
“The Appropriations Committee failed to meet its deadline to recommend spending adjustments. The Finance, Revenue and Bonding Committee offered a host of ideas that collectively would deepen the hole in the next budget — already at $265 million — by at least another $130 million. Malloy also has been waiting since early December for legislators to close a deficit hovering near $200 million in the current fiscal year, which ends June 30.” Read more here.
The Finance, Revenue & Bonding Committee passed a bill in support of implementing tolls in Connecticut. The vote tally can be viewed here. A State Representative from Trumbull & Fairfield articulates the very real and negative impact it would have on Fairfield County. Click to watch her remarks.
April 2, 2018:
Tuesday, April 3 is Industry Day at the Capitol. Bill Ethier, the State HBRA Executive Officer will provide a briefing on important legislation impacting our industry. Information on these important issues are below. We hope if you cannot attend on April 3, you will reach out to your legislators. For help contacting them, please email or call us!
You can read more on each specific issue by clicking on the links below.
March 4, 2018 Update:
CT Housing Permits Issued 1980-2017: This graph clearly shows how we have yet to climb out of our decades-long housing recession.
It’s more important now than ever before to develop relationships with your legislators and explain how certain laws and regulations are negatively impacting our industry. See below for more information.
The Connecticut legislative session is underway and there are many major issues going through the committee process. We need your help contacting your legislators on issues that affect our industry and your businesses. It will only take a few minutes of your time.
⚠ IMMEDIATE ACTION NEEDED:
SB 274: An act concerning the assessment of municipal taxes on certain residential dwellings
Monday, March 5, there will be a public hearing on SB 274, our proposal to exempt homes under construction from higher tax assessments and the local property tax.
Under the bill, higher assessments would occur at the earliest of three triggers:
1) Issuance of a C.O.
2) Transfer of a deed to a buyer, or
3) Actual use as a residence
How can your input be heard? Your voice WILL make a difference and it only takes a few moments. Make phone calls and/or send emails today!
To take action on our proposal to exempt homes, under construction from higher tax assessments and the local property tax, contact the legislators who serve on the Planning & Development Committee.
For more information on why we support the bill, read our talking points.
🚨 CT STATE BUDGET
Governor Malloy’s budget proposal earlier this month included a series of new taxes and fees as a means of closing Connecticut’s $245 million budget deficit.
The governor’s proposed taxes and fees were submitted to the General Assembly in a bill titled SB 10. The bill includes:
- A hike in the tax on real estate conveyances from .75 to .85, and 1.25 to 1.4 percent.
- Installing tolls on Connecticut highways. Contrary to popular belief, these will not be installed on the borders, but rather throughout the state. Read why here.
- A new tax on nonprescription drugs and medicines.
- A new CT Tire Tax of $3 per tire.
- 7 cent increase in the gas tax to be phased in between 2019-2022. Unfortunately Connecticut already has the 6th highest gas taxes in the nation
- A penalty on businesses by maintaining a temporary surcharge on the corporation tax that was due to expire June 30.
- The elimination of the $500 credit on the income tax for recent college graduates who earn a degree in a science, technology, engineering, or math field.
- Your testimony can be 1 sentence or multiple paragraphs
- Speak from your experiences
- Sign your name, town of residence and we encourage you to mention you are a member of the HBRA of Fairfield County
Thank you for taking a few minutes to advocate on behalf of our industry. Any questions or concerns call Jackie at 203.335.7008 or email at Jackie@buildfairfieldcounty.com.