Derek Slap

Senator Slap Votes for State Budget with Half-billion in Tax Cuts, Investments in Child Care, Mental Health, Social Services; Significant Local Aid

HARTFORD – Senate Democrats on Tuesday led final passage of a modified second year of the two-year state budget that will bring Connecticut’s 3.5 million residents a half-billion dollars in tax savings while investing hundreds of millions of other dollars in new childcare, mental health, social service, job creation and other new state programs – and increases in state funding for important 5th Senate District organizations and projects. State Senator Derek Slap (D-West Hartford) joined the Senate in its approval. The bill now heads to Democratic Governor Ned Lamont for his signature of the 2022-2023 state budget into law.

“I’m proud to vote for this budget, as its support for our communities will have a positive impact on local education and recreation,” said Sen. Slap. “I am also glad to support significant tax cuts for our residents, especially expansions of the Earned Income Tax Credit and the new Child Tax Credit, which will financially support families across our state.”

The budget includes historic tax cuts for Connecticut’s citizens as well as major new investments in some of the human needs that were highlighted by the past two years of the deadly and disruptive COVID-19 pandemic.

The Democratic budget is still under the state-mandated spending cap, has maxed out our state Rainy Day Fund at $3.3 billion, and makes a massive, unprecedented $3.5 billion payment toward Connecticut’s 70 years of built-up pension debt.

Locally, the budget supports the 5th Senate District with $566,503 in additional state funding. Additional funding includes $100,000 in support for the Noah Webster House in West Hartford; $10,000 in funding for Bloomfield Raiders Youth Football; and increased funding for rebuilding Farmington High School, specifically restoration of the 30% reimbursement rate for the construction project.

Some of the $600 million in Democratic tax cuts that will help Connecticut residents include:

• Continuation of the 25-cent per gallon gasoline tax holiday through December 1, thereby saving Connecticut residents another $150 million, and continuation of the bus fare holiday through the same date, saving riders a further $8.1 million.
• Creates a new $250-per-child credit against the state income tax for low- and middle-income households, up to a maximum of $750, for single filers with earnings less than $100,000 per year and couples making less than $200,000. This saves Connecticut families $125 million.
• A cap on the tax rate charged by cities and towns on motor vehicles will reduce car taxes by $100 million for residents in about 45% of Connecticut towns.
• Increase the maximum property tax credit exemption from $200 to $300, saving Connecticut families $60 million per year this year and into the future.
• Increasing the state Earned Income Tax Credit, a program created by former President Ronald Reagan and used by 186,000 Connecticut residents living in every town in the state. The increased tax deduction will save Connecticut families $49 million a year.
• Accelerating the phase-out of taxes of certain pension and annuity income, saving Connecticut residents nearly $43 million.
• The Democratic budget even eliminates the tax on movie theatre tickets, saving movie-goers $2.5 million this year.

On the spending side, Democrats and Gov. Lamont make major investments in the public services Connecticut residents demanded following two years of the deadly and disruptive COVID-19 pandemic: the mental health crisis impacting our children, expanded services for people with substance-use disorders, better wages for people working in our non-profits and as personal care attendants, increased funds to support survivors of domestic violence, more money for community college tuition, job-training programs, and a historic investment in child care services so parents can get back into the workplace.

Some of the hundreds of millions of new dollars that Democrats are spending on Connecticut residents include:

• $10 million for mental health services at School-Based Health Centers
• $30 million for increased 24/7 mobile crisis services
• $1.4 million for no-cost training to address the hiring needs of Electric Boat
• $72 million for private-sector non-profit pay raises
• $23 million for personal care attendants
• $70 million for childcare industry wage enhancements
• $15 million to renovate and construct early childhood facilities
• $2.5 million to combat gun violence
• $2.8 million for survivors of domestic violence
• $50 million for affordable housing
• $75 million to update school air conditioning and heating systems
• $8 million to increase access to town-run summer camps
• $3 million for senior citizens’ adult day programs and Meals on Meals
• $4 million for Alzheimer’s respite care programs

To view more details and analysis of the Democratic budget, please visit: https://cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&which_year=2022&bill_num=5506