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October 2005 Issue
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October 2005 — Vol. 83, No. 8
Several good bills passed,
nearly 200 antibusiness bills
fended off at legislature
Despite knowing that the state’s economy was producing only lackluster
job growth, legislators earlier this year proposed nearly 200 bills that
would have made Connecticut businesses less competitive. The pay-or-play
health insurance bill, several business tax proposals, a bill restricting
employers’ communication with employees, bills increasing workers’
comp costs, and several costly health insurance mandates were ultimately
defeated or significantly modified in response to efforts by CBIA, its
coalition partners and member companies.
The association’s advocacy also resulted in some good bills passing,
notably:
- a bill providing funding to upgrade state highways and transit systems;
- financial incentives for creating energy services and technologies
to help offset the higher costs expected when federally mandated two-zone
electricity pricing goes into effect next year;
- funding for stem-cell research;
- a bill promoting urban site cleanup and redevelopment;
- a bill encouraging greater collaboration between higher education
and industry; and
- a bill providing state bonding for charter schools.
Not all the news was good, though. Legislators approved raising business
taxes by $110 million and hiking state spending by 12.2% (exceeding the
level allowed by the constitutional spending cap formula) over the next
two fiscal years.
For a more-detailed summary of the business-related bills enacted this
year, see CBIA’s 2005 Summary of Business Legislation,
available online at cbia.com.
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