State Dems Detail Budget with $500 Million Tax Cuts, Extending Gas Tax Holiday, Auto Tax Cap

Gov. Ned Lamont and legislative Democrats outline their budget deal. Photo credit: Hugh McQuaid, CTNewsJunkie

The budget described by Gov. Ned Lamont and legislative leaders on Wednesday, which is expected to pass the state House and Senate next week, expands property and child tax credits and caps car taxes at 32.46 mills, impacting 75 Connecticut towns including West Hartford.

By Hugh McQuaid, CTNewsJunkie.com 

Legislative Democrats and Gov. Ned Lamont’s administration announced Wednesday the details of a $24.2 billion budget adjustment package, which they say provides around $500 million in tax relief including extending a gas tax holiday until December.

Lamont and legislative leaders outlined the agreement during an afternoon press conference in the state Capitol building. Both chambers of the legislature are expected to raise the budget for a vote before the session concludes next week.

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