Fighting to make Connecticut a top state for business, jobs, and economic growth.

The Connecticut Business & Industry Association is the voice of business in Connecticut, with thousands of member companies championing change at the State Capitol, shaping debate about economic competitiveness, and fighting for a better future for all.


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Latest bills:

132 days old
HB 6688 an act concerning a highway use fee Status: Enacted (7/12/21 Effective from passage and applicable to calendar months commencing on or after January 1, 2023)

Imposes a per-mile tax on trucks that increases based on a vehicle's gross weight, with all revenue intended for the state's Special Transportation Fund. The tax only applies to tractor-trailers and ranges from 2.5 cents per mile for trucks weighing 26,000-28,000 pounds to 17.5 cents for vehicles over 80,000 pounds. The tax is expected to raise $45 million in fiscal 2023 and $90 million the following.

185 days old
SB 1095 an act expanding the angel investor tax credit program to social equity applicants Status: Died (Senate)

Expands the angel investor tax credit to cannabis businesses owned by social equity applicants. CBIA supports provided legislation is not altered in such a way as to crowd out traditional start-up tech investments.

219 days old CBIA Supports
HB 6633 an act restructuring unemployment insurance benefits and improving fund solvency Status: Enacted (1/1/2022)

makes a variety of reforms to the state’s unemployment system that will take effect in 2024, including:
Raise the taxable wage base from $15,000 to $25,000, then index it to inflation
Reduce the maximum solvency tax rate from 1.4% to 1%
Reduce the minimum and expand the maximum experience tax rate, from 0.5-5.4% to 0.1-10%
Increase the minimum base period earnings required to qualify for unemployment benefits from $600 to $1,600, then index it to inflation, except when the federal government is providing additional benefits to UI claimants
Freeze the maximum weekly benefit amount for four years
Defer unemployment insurance benefits until a claimant's severance payments are exhausted

185 days old CBIA Supports
SB 1096 an act authorizing the exchange of excess credits with the state at a reduced rate Status: Died (Finance, Revenue and Bonding)

Allows businesses to exchange excess tax credits with the state at 90% value.

185 days old CBIA Opposes
HB 6675 an act concerning a municipal option for a homestead property tax exemption Status: Died (Finance, Revenue and Bonding)

Allows municipalities to provide a partial exemption from property taxes for owner-occupied dwellings provided they are the primary residences of the owners. This exemption would not apply to commercial properties or dwellings occupied by someone other than the owner.

CBIA BizCast: Lamont Tackles Labor Shortage, Taxes, Running Again

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Court Rejects Multistate SALT Deduction Cap Lawsuit

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State's GDP Grows 5.9% in Second Quarter

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Survey: Connecticut Business Leaders 'Cautiously Optimistic'

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Eversource CEO: Connecticut Can Lead Clean Energy Future

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Legislature Extends Governor's Emergency Powers to February 2022

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JAX Healthcare Forum Spotlights Personalized Medicine

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CBIA BizCast: Eversource CEO Joe Nolan

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CBIA BizCast: Episode 100 with Chris DiPentima

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Court Rejects Multistate SALT Deduction Cap Lawsuit

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Legislature Extends Governor's Emergency Powers to February 2022

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JAX Healthcare Forum Spotlights Personalized Medicine

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Action Needed to Prevent Double Taxation of Remote Workers

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Court Ruling Sends Warning to Companies with Foreign Partners

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2021 State Overtime Spending Third Highest on Record

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State PFAS Ban Takes Effect Oct. 1

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Built to Last: ESG Issues and a Company's Long-Term Success

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SEC Plans Proposed Climate Change Disclosure Rule

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State's GDP Grows 5.9% in Second Quarter

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Survey: Connecticut Business Leaders 'Cautiously Optimistic'

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Eversource CEO: Connecticut Can Lead Clean Energy Future

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CBIA BizCast: Eversource CEO Joe Nolan

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August Jobs Report: 'Faucet Should Be Fully Running'

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Eversource CEO Keynotes September Economic Conference

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CBIA BizCast: A Wheelhouse of Entertainment in Stamford

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CBIA BizCast: Downes Construction Partners with Hospital for Special Care

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CBIA BizCast: Funding Alzheimer’s Treatment

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CBIA BizCast: Lamont Tackles Labor Shortage, Taxes, Running Again

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CBIA BizCast: Episode 100 with Chris DiPentima

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GOP Regains Greenwich Senate Seat

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Murtha Cullina's DelMonico Elected to American Law Institute

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August Date for Greenwich State Senate Special Election

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DOL's Westby to Retire; Bartolomeo Proposed as Successor

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Democrats Retain Stamford House Seat

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GOP Holds Monroe House Seat

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Will the Comptroller Open State-Run Healthcare Books?

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GENERAL ASSEMBLY VOTING RECORDS

How did your state sentator and representative vote on key bills?

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