Proposed S.B. No. 131
Session Year 2023
 


AN ACT CONCERNING A CAPITAL GAINS TAX ON CERTAIN ENDOWMENT FUNDS OF INSTITUTIONS OF HIGHER EDUCATION.

To impose a capital gains tax on certain endowment funds of institutions of higher education and dedicate the revenue from such tax to reducing the amount that participants in the Paid Family and Medical Leave Insurance Program are required to contribute under section 31-49g of the general statutes.

Introduced by:
Sen. Ryan Fazio, 36th Dist.

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   Text of Bill
 Proposed Bill  [doc]

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 1/13/2023Referred to Joint Committee on Finance, Revenue and Bonding

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