State Capitol Update from Rep. Figueroa

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!

 
CT Minimum Wage Increase
REMINDER! Starting June 1st, Connecticut's minimum wage increases to $15!
 
Legislation Passed in The House
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.
https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&which_year=2023&bill_num=6755
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.
https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&which_year=2023&bill_num=5441
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.
https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&which_year=2023&bill_num=6880
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.
https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&which_year=2023&bill_num=5917
 
Connecticut Receives Credit Rating
Upgrade From Kroll
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.
 
If you have questions, or ever need any help please don't hesitate to reach out by phone, 860-240-8585 or email, Anabel.Figueroa@cga.ct.gov.

Sincerely,

Anabel Figueroa
State Representative
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