Senate President Pro Tempore Martin M. Looney (D-New Haven) today released the following statement regarding Governor Malloy’s proposal to eliminate the property tax credit as part of his budget plan:
“Even in difficult budget times, preserving the property tax credit for middle class families is important. Eliminating the property tax credit will hurt middle class families by weakening the progressivity of our tax system. It’s a popular credit with homeowners, one which Democrats in the General Assembly fought to establish.”