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New Laws: CT Employers To Get Coronavirus Tax Break

UpdatedMon, May 10, 2021 at 9:39 am ET Replies(58) Connecticut Gov. Ned Lamont signed two bills into law this past week. (Shutterstock) CONNECTICUT Gov. Ned Lamont signed two bills into law this week, including one that gives employers a break on their unemployment insurance taxes. The governor signed House Bill 5377, An Act Concerning the Removal of COVID-19 Related Layoffs from the Unemployment Compensation Experience Account on Monday. Once it goes into effect, the state will disregard an employer s benefit charges and taxable wages between July 1, 2019, and June 30, 2021, when calculating the employer s unemployment tax experience rate for taxable years starting on or after Jan. 1, 2022.

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