A summary of some new laws include:
TAX CUTS
The state budget, adopted in June, cuts the bottom two marginal income tax rates for all filers from 3% to 2% and from 5% to 4.5%. Income taxes on the first $50,000 in taxable income will be lowered for single filers and married people filing separately, $100,000 for joint filers, and $80,000 for heads of household. January 1 is also the start of easing the cliff on income tax exemptions for retirement income. The new budget adds a tax deduction schedule for retirement income above the full exemption threshold.
BOTTLE BILL
The deposit cost for certain beverage containers will increase from $.05 to $.10 on January 1. Initially passed during the 2022 session with a phased roll out, the cost of deposits on (generally) hard cider, plant water or plant infused drink, juice or juice drink, tea, coffee, kombucha, sports or energy drinks, and any beverages identified as one of these products with letters, words, or symbols on their labels will increase.
SUPPORTS FOR THE I/DD COMMUNITY
Several provisions of a comprehensive bill concerning resources and support services for residents with an intellectual or developmental disability (I/DD) take effect in the new calendar year. More businesses could be eligible for credits for hiring the disabled. The Connecticut JOBSCT Tax Rebate Program will lower the threshold for businesses who hire 25 new full-time employees, down to 15 to retain eligibility for 50-percent income tax rebates for the new employees, if one employee has an intellectual disability.
The new law also requires annual reports from the Department of Social Services on the size of the waiting list for the Medicaid waiver program for those with Autism Spectrum Disorder. Public Act 23-137 also requires the state to create and acquire sensory kits for emergency services workers to give to autistic children and adults to help them during emergency encounters.
ONLINE DATING SAFETY
We passed a bill last session to bring some safety measure to online dating. Under the new law, online dating companies will be required to have safety centers and reporting procedures to respond to unwanted behaviors, links to report sexual harassment, and safety advice for online dating, including alerts to romance scams.
Other major acts include:
Please feel free to share this information with anyone who may benefit from it.
No comments:
Post a Comment