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Connecticut Budget Act Increases Holdback for School Building Project Grants

Publisher: Day Pitney Alert
November 2, 2017
Day Pitney Author(s) Judith A. Blank

On October 26, the Connecticut Senate and House of Representatives voted to give final legislative passage to a 2017-2019 biennium budget (the Budget Act). The Budget Act was signed into law by the Governor on October 31. Section 64 of the Budget Act amends Section 10-287i of the Connecticut General Statutes to increase the amount of school building project progress payment grants withheld by the state from five percent (5%) to eleven percent (11%).

For your convenience, the Budget Act can be found here.

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"The 10th Anniversary of The Attorneys of Color Symposium," Quinnipiac University School of Law

On June 29, Day Pitney Partner Namita Shah, chair of the firm's Private Equity and Finance Practice, is the moderator for "The 10th Anniversary of The Attorneys of Color Symposium: A Celebration of Progress and Perseverance," hosted by Quinnipiac University School of Law.

June 29, 2022
"The 10th Anniversary of The Attorneys of Color Symposium," hosted by Quinnipiac University School of Law
COVID-19 Emergency Order 9R Extends Municipal Deferment/Low Interest Rate Program
December 17, 2020

Day Pitney Alert

LIBOR Termination May Be Postponed to 2023
December 1, 2020

Day Pitney Alert

Covid-19 Emergency Order Authorizes CT Municipalities to Hold Public Meetings and Voting by Remote Participation
October 23, 2020

Day Pitney Alert

Tax Anticipation Notes: An Option to Alleviate Municipal Cash Flow Shortages Due to the COVID-19 Outbreak
March 25, 2020

Day Pitney Alert

Namita Tripathi Shah Elected as a Fellow of the American College of Bond Counsel
August 14, 2019

Day Pitney Press Release

Jay Nolan Appointed to Connecticut State Municipal Accountability Review Board
November 22, 2017

On November 22, Connecticut Governor Dannel P. Malloy announced that he is appointing Jay Nolan to serve as his appointee on the state's recently created Municipal Accountability Review Board.

Assured Says It's Open to a Hartford Debt Restructuring
September 25, 2017

Doug Gillette was quoted in an article, "Assured Says It's Open to a Hartford Debt Restructuring," published in The Bond Buyer.

Day Pitney Recognized as Top Bond Counsel in Connecticut for 2016
February 21, 2017

Day Pitney LLP has once again been recognized as Connecticut's number one bond counsel firm by volume, serving as bond counsel on issues in Connecticut totaling approximately $1.7 billion in 2016, according to The Bond Buyer, a daily newspaper serving the municipal bond industry.

Day Pitney Recognized as Top Bond Counsel in Connecticut for 2015
June 23, 2016

Day Pitney Press Release
Related Professionals
Blank, Judith
Judith A. Blank
Hartford, CT
T: (860) 275 0112
Douglas Gillette
Douglas W. Gillette
Hartford, CT
T: (860) 275 0186
Namita Shah
Namita Tripathi Shah
Hartford, CT
T: (860) 275 0132
Glenn Rybacki
Glenn G. Rybacki
Hartford, CT
New York, NY
T: (860) 275 0115
New Jersey Hartford Stamford Greenwich New Haven West Hartford Boston
New York Washington, DC Providence Boca Raton Miami West Palm Beach

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