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A New Legislative Session
The 2012 Session of the General Assembly began on February 8th, and will run until May 9th. There are many issues that must be addressed, and I am eager to get to work.
Job creation and economic growth remain my top priorities, even as the bipartisan Jobs Bill passed last October begins to take effect. Another major issue this year will be education reform and efforts to close the achievement gap between Connecticut’s richest and poorest students.
What issues are most important to you? Please don’t hesitate to contact me to express your views on what should be addressed in Hartford this year.
All the best,
Employing Our Veterans
As Chair of the Veterans’ Affairs Committee, I am deeply concerned by the high unemployment rate among US Military veterans today.
National labor statistics report an 11.5 percent unemployment rate among all veterans—over 2 percent higher than the regular rate. In addition, 20 percent of veterans under age 25 are unemployed.
To help address this problem, I voted for legislation in October that will provide employers with a tax credit of $900/month for every veteran they hire. Companies with 50-100 employees must first hire five new workers before qualifying for the credit. Companies with over 100 employees must first hire 10 workers.
The federal government is also helping out with a Wounded Warriors Tax Credit of up to $9,600 that will increase existing tax credits for firms that hire veterans with service-connected disabilities who have been unemployed six months or longer.
The federal Returning Heroes Tax Credit also provides up to $5,600 directly to veterans who have been unemployed six months or longer.
Both federal tax credits apply to veterans who began work for their employer after November 21, 2011.
I am optimistic that taken together, these three initiatives will help achieve a substantial reduction in veteran unemployment. Click here for more info.
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