Senate votes to retool Hartford debt deal

<p>The Senate has voted to revamp a plan to have the state of Connecticut eventually pay off $550 million of its capital city's debt.</p>

News 12 Staff

May 6, 2018, 2:35 PM

Updated 2,192 days ago

Share:

HARTFORD, Conn. (AP) - The Senate has voted to revamp a plan to have the state of Connecticut eventually pay off $550 million of its capital city's debt.
The bill approved Saturday, 28-to-6, marked a compromise among lawmakers and city officials. The bill moves to the House of Representatives.
Some legislators had expressed surprise that last year's budget called for paying off Hartford's debt over 20 years.
Under this proposal, the Connecticut lawmakers will be able to revisit the agreement after five years.
Last week, the state's Municipal Accountability Board approved the city's plan to stabilize its finances over the next five years.
Democratic Mayor Luke Bronin says he understands the desire of legislators to revisit the agreement. Bronin had sought the state's help after it became apparent Hartford might seek bankruptcy protection.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


More from News 12
2:43
EXCLUSIVE: Bridgeport truck driver whose flatbed was struck in fiery I-95 crash says he’s grateful to be alive

EXCLUSIVE: Bridgeport truck driver whose flatbed was struck in fiery I-95 crash says he’s grateful to be alive

2:22
Mild and muggy in Connecticut; rain returns by midweek

Mild and muggy in Connecticut; rain returns by midweek

1:43
Saravanaa Bhavan a restaurant serving Indian vegetarian cuisine opens in Stamford

Saravanaa Bhavan a restaurant serving Indian vegetarian cuisine opens in Stamford

Former Bridgeport official pleads guilty to charges related to primaries and election in 2017, 2018

Former Bridgeport official pleads guilty to charges related to primaries and election in 2017, 2018

2:11
Security camera footage shows onset of deadly Stamford house fire

Security camera footage shows onset of deadly Stamford house fire

1:48
'This was a remarkable recovery': I-95 officially operating at full capacity

'This was a remarkable recovery': I-95 officially operating at full capacity

0:36
Sen. Bob Duff recognizes employees who worked on reopening I-95 in Norwalk

Sen. Bob Duff recognizes employees who worked on reopening I-95 in Norwalk

0:20
Bridgeport PD: Pedestrian struck by car on Seaview Avenue

Bridgeport PD: Pedestrian struck by car on Seaview Avenue

1:05
National Water Safety Month: 40,000 free swim lessons offered across tri-state area offered across tri-state area

National Water Safety Month: 40,000 free swim lessons offered across tri-state area offered across tri-state area

0:36
Sen. Blumenthal to seek emergency help for Norwalk businesses impacted by I-95 shutdown

Sen. Blumenthal to seek emergency help for Norwalk businesses impacted by I-95 shutdown

0:56
Nonprofit builders group celebrates 20th anniversary with annual fundraiser in Darien

Nonprofit builders group celebrates 20th anniversary with annual fundraiser in Darien

0:49
Mother’s Day event in Greenwich looks to empower women

Mother’s Day event in Greenwich looks to empower women

0:59
Pickleball America hosts first Dinko de Mayo Tournament

Pickleball America hosts first Dinko de Mayo Tournament

2:15
Turn To Tara explores how to stay safe from ‘cyber kidnapping’ scams

Turn To Tara explores how to stay safe from ‘cyber kidnapping’ scams

Connecticut National Teacher Appreciation Week Photos

Connecticut National Teacher Appreciation Week Photos

0:42
Texas, prolific retired Connecticut State Police K-9, dies from illness

Texas, prolific retired Connecticut State Police K-9, dies from illness

0:44
Handball tournament honors former Bridgeport state representative

Handball tournament honors former Bridgeport state representative

0:30
Zibanejad has 2 goals and 1 assist, Panarin scores as Rangers beat Hurricanes 4-3 in Game 1

Zibanejad has 2 goals and 1 assist, Panarin scores as Rangers beat Hurricanes 4-3 in Game 1

2:06
New guidance says women need to be screened for breast cancer at 40 or younger

New guidance says women need to be screened for breast cancer at 40 or younger

0:34
State police: Merging car collided with tanker to cause I-95 overpass fire

State police: Merging car collided with tanker to cause I-95 overpass fire