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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 04, 1927

Page

4

House Rejects Ten Mil Insur ance Stock Tax Plan

Hartford debate ended with the House defeating a bill to restore a ten mill tax on insurance company stock. Finance Committee chairmen explained the measure was unfavorably reported, while supporters argued the move would protect towns and avoid shifting burdens. Opponents warned against aiming for no tax, noting income tax considerations and long-standing reliance on the stock tax.

Aditol Hartford Flartford New York Connecticut Alcorn Tuller Simsbury Shattnck Granby Truling West Hartford Sutheld Simspurr

Taxation Report Reveals Higher Returns for Towns Under 1925 Law

The committee data show towns receiving higher returns than expected under the 1925 law. The 1913 tax commission report is cited, noting the present taxation method as satisfactory. Among 480 companies doing business locally, 39 are incorporated here, with state taxes totaling $4,000,000 from $14,000,008 in income for stock companies and $554,008 on $37,000,009 income from outside companies.

Mittee Special Tax Commission

Rules Suspension and City Charter Amendments in Bridgeport

A lengthy legislative text discusses funds for a new department, transfer mechanisms, and bookkeeping rules. It details amendments to the Bridgeport charter, including board compositions, appointment and removal processes, and the consolidation of several boards into a Public Welfare department, with an effective date of July 1 1927.

Board of Apportionment General Treasury Board of Board of Apportionment Oftivia Ripper Department of Public Welfare Senate Mmryor Alderaten Woimmon Council Ny Sted Stal Common Council Sail Boards Heatia Board of Health Board of Dispery Physicians Board of Public Welfare Eald Arty of Bridgeport City of

Frames Re-elected as Haven Line Railway Directors

The Haven Line Railway Co. directors re-elected May 3 reappointing the same officers who have governed with Mr Kaumes since the company’s reorganization.

On Haven & Line Railway Co Kaumes

Building Needs of State Cared For Bonds Not Needed

The Connecticut Appropriations Committee outlines a $42,158,603 two year program to fund state institutions and a new office building without bonds. It lists projects for the Agricultural College, Storrs, Newington Home, Connecticut School for Boys, and state hospitals with specific construction and modernization aims. The plan relies on conservative revenue estimates and a projected surplus, with total recommended general budget of $93,625,602 and multiple facility improvements across agencies.

State Capitol Harts Connecticut Edward F. Wat New Britain Senate Senator Hall Inticdace General Assembly Hall Newington Tome Connecticut School For Boys Mys Storrs Experiment Station State Son New Britain Normal School Armoriles New Haven Bristol Italy Motor Lal Newington Wome Connecticut Agricultural College Suilding Long Lane Mansfield Connecticut State Hospital Middletown NorWich State Hospital Connecticut State Prison Motor Vehicle Department Comptroller Board of Finance Antennabi Legislative Commission On Finance Appropriations Committee Agricultual College Eat Storre Newington

State Finances Outline 1925 36 Budget and Projects

The document lists extensive state appropriations for building programs and maintenance across agencies. Key items include Connecticut Reformatory Ches hire restoration, Mystic Oval School cottage and plant repairs, normal school dormitory and repairs, military facilities at Brainard Field and New Haven, and armory builds in Bristol and New Haven. Also noted are public health, parks, fisheries, and road growth funds totaling about 42.1 million with projected income sources and conservative forecasts.

Connecticut Reformatory Cheshire Mystice Oval State Board of Mancation New Britain Normal Sched Miliary Department Brainard Pising Field New Haven Bristol Tuberculosis Commission State Board of Fisheries and Game Hummonasnett State Beach Hidgefield

Water Diversion Bill Adopted by Senate in Capita

The state Senate adopted a water diversion bill amid debate over granting authority to a state board and potential contracting powers in the state’s name. Amendments were introduced to create a proper Board of Finance and Control, while opponents argued over terms allowing negotiation with other states’ commissions. The chamber also advanced a bill to tax mater operations by street railway corporations in line with other licensed operations.

State Capitol Wartrued May Board of Control Senate Pierson Aronell Sredd Bridgeport Board of Finance Senatorshaw of Ledfing Jediciary

Also Mentioned on This Page

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