Maddy summaryHB 5185 would impose a surcharge on capital gains and dividends for Connecticut taxpayers with adjusted gross income meeting the threshold for the state's highest marginal income tax rate. It directly affects high-income earners subject to Connecticut's top tax bracket, specifically targeting net gains from selling investments and dividend income. The bill amends state tax law to add this surcharge to the existing tax calculation for qualifying taxpayers. The policy change is a direct revenue measure applying only to those already paying the highest rate on ordinary income.
Rep. Bob Godfrey
Sponsored bills
Maddy summaryHB 5116 would reduce the state's sales and use tax rate from its current level to 6% by amending Chapter 219 of the general statutes. This change would directly affect all consumers purchasing taxable goods and services, as well as businesses collecting and remitting these taxes. The bill's key provision is the specific rate reduction to 6%, replacing the existing tax rate in the law. This is a straightforward policy change to lower the tax burden for everyday transactions.
Maddy summaryHB 5130 would remove a 1% additional sales tax on meals sold by restaurants, caterers, and grocery stores. The bill amends tax code to eliminate this specific surcharge, which currently applies to food purchased for immediate consumption at these businesses. This change directly affects establishments that serve prepared meals, reducing their tax burden on qualifying sales. The policy shift would lower costs for these businesses without altering the standard sales tax rate.
Maddy summaryHB 5139 establishes two key estate tax provisions: (1) an estate tax recapture for estates exceeding $15 million in value, requiring additional tax payment if the effective rate falls below 2%, and (2) an alternative minimum estate tax to ensure the effective tax rate never drops below 2%. This bill directly affects high-value estates (over $15 million) by preventing tax avoidance through low effective rates. The recapture mechanism targets estates that would otherwise pay minimal tax relative to their value, while the alternative minimum tax sets a floor on the tax rate. These provisions aim to maintain revenue from large estates under the state's tax code.
Maddy summaryHB 5134 establishes a refundable child tax credit of $600 per child for families with up to three children. It directly affects low-to-moderate income households, specifically those with federal adjusted gross income under $100,000 for single filers or $200,000 for married couples filing jointly. The credit is refundable, meaning eligible families may receive the full credit amount even if it exceeds their income tax liability. This policy change reduces tax burden for qualifying families with children, using the state’s personal income tax system to provide direct financial support.
Maddy summaryHB 8002 creates a tax-advantaged savings program to help Connecticut first-time homebuyers. It allows individuals or couples to open "first-time homebuyer savings accounts" at financial institutions, with funds contributed by anyone (including employers) to cover eligible costs like down payments and closing costs for a primary residence. Account holders must submit tax returns with account details to claim a state tax deduction or credit, and funds must be used exclusively for qualifying home purchases. The program applies only to one-to-four family residences purchased as primary homes in Connecticut, effective January 2026.
Maddy summaryHB 7280 transfers a specific parcel of state-owned land to the City of Danbury. The bill directly affects Danbury City by granting it ownership of this designated property. As a procedural bill, it does not create new policies or regulations but formalizes the land transfer. The bill was enacted after the Governor signed it on July 1, 2025.
Maddy summaryThis bill authorizes Connecticut to issue up to $125 million in state bonds (for fiscal years 2026-2027) to reduce energy cost protections for low-income households to pre-pandemic levels (2016-2020). It also allocates $50 million in bonds ($30M for 2026, $20M for 2027) to fund electric vehicle charging infrastructure and customer wiring upgrades. The funds will support programs administered by the Public Utilities Regulatory Authority, including residential EV charging for households at or below 300% of the federal poverty level. These provisions aim to lower energy costs for vulnerable residents and expand clean energy access through specific infrastructure investments.
Maddy summaryHB 5004, now Public Act 25-125, focuses on environmental protection and advancing renewable energy development. The bill establishes new requirements for state agencies to prioritize renewable energy projects in infrastructure planning and creates tax incentives for businesses investing in clean energy infrastructure. It directly affects renewable energy developers, utility companies, and state agencies responsible for permitting and planning. The law became effective upon the governor's signature on July 1, 2025. (Note: Specific provisions like incentive amounts or project types are not detailed in the provided context.)
Maddy summaryThis bill (HB 6438, now Public Act 25-95) creates multiple symbolic honors to recognize Connecticut military members and veterans. It authorizes specific non-monetary measures, such as placing plaques at state facilities, designating commemorative events, and establishing a formal process for honoring service. The law directly affects active-duty service members, veterans, and their families within Connecticut by providing official state-level recognition of their military contributions. As a commemorative measure, it does not alter benefits, funding, or existing policies but affirms the state's appreciation for military service.