On Wednesday, the Democratic-dominated General Assembly Finance, Revenue, and Liability Committee crafted a set of budget proposals, including an election-year extension of the Connecticut property tax credit that, since 2017, is limited to seniors and families with dependents.
Minority Republicans have failed in their efforts to increase credit beyond Gov. Ned Lamont’s proposed $300 credit for motor vehicle or home owners. A separate GOP proposal to tie future income tax exemptions to inflation was also defeated.
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