Conn. Gov. Lamont Announces Trust Fund Investments Spare Connecticut Employers From Federal Tax Increases
November 09, 2023
November 09, 2023
HARTFORD, Connecticut, Nov. 9 -- Gov. Ned Lamont, D-Connecticut, issued the following news release on Nov. 8, 2023:
Governor Ned Lamont and Connecticut Labor Commissioner Dante Bartolomeo today announced that the State of Connecticut has repaid the $1.2 billion Trust Fund loan that was used to cover nearly $11 billion in pandemic unemployment payments. The pandemic debt retirement ensures that Connecticut employers will avoid an increase in the federal unemployment taxes they pay be . . .
Governor Ned Lamont and Connecticut Labor Commissioner Dante Bartolomeo today announced that the State of Connecticut has repaid the $1.2 billion Trust Fund loan that was used to cover nearly $11 billion in pandemic unemployment payments. The pandemic debt retirement ensures that Connecticut employers will avoid an increase in the federal unemployment taxes they pay be . . .