Auctioning Off Connecticut Electric Customers Dies In General Assembly

A proposal to sell the electricity bills of about 800,000 Connecticut residents to bring in $80 million for the state budget is dead.

The proposal, which was opposed by about 55 rank-and-file Democratic lawmakers in the House, was pulled from the $43.8 billion, two-year state budget being negotiated behind closed doors. Lawmakers cheered its defeat from inside the Democratic caucus room around midnight.

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