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Thirteen of Connecticut’s largest business groups have sent a letter to Gov. Ned Lamont and the state’s legislative leaders seeking the creation of a new, $70 million small business grant program.
According to a new study, Connecticut could reap $35-$48 million in direct new revenue during the first year of legalized marijuana sales, which would escalate to $188-$223 million in the fifth year.
"You’ve got to be willing to change your mind," Fasano says. "If you walk into this chamber, stay for several years, and then walk out as the same person, you’ve missed a great opportunity."
The panel of local health, business, workforce, and education experts organized by AdvanceCT will consult with the governor's administration and legislative leadership on the reopening of Connecticut’s economy and education system.
House Minority Leader Themis Klarides (R) joins Speaker of the House Joe Aresimowicz (D) and Senate Minority Leader Len Fasano (R) in not seeking re-election this November.
“We can no longer stick our heads in the sand,” Gov. Ned Lamont said in written testimony on Monday. “Cannabis currently, and will be increasingly, available to residents of Connecticut. While I do not believe that cannabis is a riskless drug, I do believe our state is better off developing a well-regulated market for cannabis.”
The bill leaves room for individual municipalities to determine their own policies when it comes to allowing retail sales of marijuana within their jurisdictions, but they would not be allowed to prevent delivery services from operating within their borders.
Meanwhile, according to a new report, some Connecticut lawmakers have discussed leasing part of the state’s tolling infrastructure to telecommunication companies looking to develop 5G wireless technology.
Treasurer Shawn Wooden says that the Republicans' proposal "especially in the event of a possible future recession, creates serious liquidity, market and credit risks for the state.”
House Democratic leaders have proposed a new plan that would install highway tolls for trucks only on 12 bridges across the state, as opposed to Gov. Ned Lamont’s CT2030 initiative, which would have included tolls on 14 bridges for all vehicles.
The future of the governos’s ambitious 10-year, $21 billion CT2030 plan is very much in doubt, with state Republicans remaining skeptical and several of his fellow Democratic lawmakers hedging their bets as next year’s election looms.
The 45-year-old Santiago had been active in trying to clear legislative hurdles to building a casino in Bridgeport, and was in the midst of efforts to create a State of Connecticut Bank.
Still looming: the effect of the Small Business Administration's closure. “We’ve got loans that have been approved or are in the process of being approved that are waiting for the SBA,” says Patriot Bank President Richard Muskus Jr. “The SBA had better be ready for a tidal wave of backlog.”
The legislators said that they anticipate to schedule a session of the Senate and the House to vote on the bill on Tuesday.
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