Connecticut HB5617: AN ACT AUTHORIZING MUNICIPALITIES TO IMPOSE A TAX ON THE ENDOWMENT FUNDS OF PRIVATE INSTITUTIONS OF HIGHER EDUCATION.

What the bill says

An act AUTHORIZING MUNICIPALITIES TO IMPOSE A TAX ON THE ENDOWMENT FUNDS OF PRIVATE INSTITUTIONS OF HIGHER EDUCATION. Assembly convened: 1 That the general statutes be amended to authorize municipalities to 2 impose a tax on the endowment funds of a private institution of higher 3 education located in the municipality. Statement of Purpose: To authorize municipalities to impose a tax on the endowment funds of a private institution of higher education located in the municipality. LCO No. 2373 1 of 1.

From the introduced text:

AN ACT AUTHORIZING MUNICIPALITIES TO IMPOSE A TAX ON THE ENDOWMENT FUNDS OF PRIVATE INSTITUTIONS OF HIGHER EDUCATION. Assembly convened: 1 That the general statutes be amended to authorize municipalities to 2 impose a tax on the endowment funds of a private institution of higher 3 education located in the municipality. Statement of Purpose: To authorize municipalities to impose a tax on the endowment funds of a private institution of higher education located in the municipality. LCO No. 2373 1 of 1

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Sponsors

• Brandon Chafee (D, 33) · primary sponsor
• Kai Belton (D, 100)
• Jan Hochadel (D, 13)
• Toni Walker (D, 93)
• Anthony Nolan (D, 39)
• Joshua Elliott (D, 88)
• Laurie Sweet (D, 91)
• Sarah Keitt (D, 134)
• (D, 38)