Posted on April 24th, 2022

With state government’s coffers overflowing, the legislature’s finance committee is expected to recommend income tax relief for working poor and middle class households, including a new child tax credit.

The Finance, Revenue and Bonding Committee also is expected to dedicate a portion of future state budget surpluses to support early childhood learning and development.

But it remained unclear late Monday whether another budget panel, the Appropriations Committee, would endorse Gov. Ned Lamont’s full plan to lower the cap on municipal car taxes, or whether it would offer a scaled-down version.

“I think what we’ve been working on is a historic investment in providing relief for the families I have been focused on,” said Rep. Sean Scanlon, D-Guilford, co-chairman of the finance panel.

That group is scheduled to meet Tuesday and Wednesday to complete its work, while the Appropriations Committee tentatively planned to wrap up its proposals on Thursday.

Scanlon declined to provide full details, but said Democrats are planning to keep the tax relief commitments they made coming into the 2022 legislative session back in February.

Original article: https://ctmirror.org/2022/04/05/tax-relief-expected-to-dominate-ct-legislatures-budget-plan-this-week/