State Capitol Update from Rep. Fortier

May 26, 2023





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Dear Neighbor,

The General Assembly has two weeks left of the legislative session, and we are busier than ever! Below is a legislative update on some bills that made it out of the House this week.

 

You can always email me any questions or comments about the policies listed or the legislative process.

Many of us will spend time with friends and family enjoying the beautiful weather and the three-day weekend this weekend. I hope everyone has time to reflect, remember all who have served, and recognize their sacrifice for our freedom.

Have a safe Memorial Day Weekend!

Legislation Passed In The House This Week

ICYMI: Here's a sample of some of the bills that we passed this week:



HB 6486: The House took another step towards sustainability with the passage of H.B. 6486. This bill establishes a state-wide stewardship program for discarded tires and ensures access to tire collection while promoting recycling efforts and holding producers accountable.



HB 5628: Hydropower is a clean and renewable energy alternative that our state could potentially utilize. That’s why we passed HB 5628.



HB 5917: Connecticut has recently seen an increase in roadway fatalities. Implementing the recommendations of the Vision Zero Council will make the roads safer for drivers and pedestrians alike.



HB 6755: Advanced manufacturing is our future – H.B. 6755 establishes a working group to develop a plan for an advanced manufacturing technology center in the state, and to maximize the economic, educational and workforce benefits provided to the state.



HB 5441: HB 5441 is a bipartisan effort that improves the state’s workforce pipeline, including the extension of the existing teacher loan subsidy program for teachers in Alliance Districts, to paraeducators and school counselors.



HB 6880: Education is a top priority for us. HB 6880 makes vital revisions to our education laws that support parents, teachers, families and most importantly, our students.

Connecticut Receives A Credit Rating Upgrade
Good news for Connecticut's growing economy!



Connecticut just received an upgraded credit rating from the Kroll Bond Rating Agency, which means that our General Obligation bond credit rating was upgraded from AA (stable) to AA+ (stable), just one step below the highest credit rating possible!



This news is an excellent testament to the success of the bipartisan fiscal guardrails and budgeting disciplines we have in place.

Our state has received an improved credit rating before.



Just last year, Standard & Poor’s (S&P) upgraded Connecticut's credit rating from A+ (positive) to AA- (stable). In 2021, all four major credit rating agencies upgraded Connecticut's credit rating, including Moody's. S&P, Fitch and Kroll.




Our credit upgrade allows us to maintain a strong financial standing and strengthens our appeal to those looking to make investments here.

Please feel free to contact me at the Capitol at 1-800-842-8267 or by email at Mary.Fortier@cga.ct.gov if you have any questions or concerns.

Sincerely,



Mary Fortier

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