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Tue February 25, 2014
Possible Bill on Insurance Price Negotiations; Malloy Offers Alternative to National Guard Cuts
Connecticut lawmakers are considering a bill that would allow the state's health insurance marketplace, Access Health CT, to negotiate prices with the insurance companies selling products through the exchange. Senate Majority Leader Martin Looney, says the legislation could lead to lower prices for Connecticut consumers.
Governor Dannel Malloy and some fellow governors are offering an alternative to Defense Secretary Chuck Hagel's proposed shrinking of the Army National Guard. Malloy told The Associated Press on Monday that governors understand the federal military budget needs to be cut. However, he said they disagree about a plan to reduce the forces from 358-thousand nationwide to 315-thousand.
Sub-Contractors Ordered Off UCONN Job Site
The state Labor Department has ordered two sub-contractors helping to build UConn's $32 million basketball practice facility off the job. The department is alleging the contractors used undocumented workers and paid them in cash to avoid taxes.
Potential Drone Task Force
A bipartisan group of legislators said on Monday that they are considering a task force to study the use and potential misuse of flying drones. The legislature's judiciary committee conducted a lengthy hearing on a bill that would impose the state's first regulations on the unmanned aircraft.
Canadian Group Purchases Loan Balance on G Fox Tower
The Hartford Business Journal reports that Olymbec Corporate Group has bought the balance of a securitized loan on the former G Fox department store tower. Officials with Downtown Hartford Revival say vacant office space in the tower, will be placed on the market before focusing on retail tenants.
Mohegan Sun Hoping to Build Revere, Massachusetts Resort
Residents in Revere, Massachusetts are voting on a plan by Mohegan Sun to build a billion dollar resort casino in the town. If the town approves the plan, Mohegan Sun will then compete with a proposal by Las Vegas gaming tycoon Steve Wynn.