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Connecticut · 2026

SB 38

AN ACT ESTABLISHING A CAPITAL GAINS TAX ON CERTAIN ENDOWMENT FUNDS OF INSTITUTIONS OF HIGHER EDUCATION AND CONCERNING THE USE OF THE REVENUE GENERATED.

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

Connecticut Senate Bill 38 proposes establishing a capital gains tax on certain endowment funds of institutions of higher education. The legislation also addresses the use of the revenue generated from this tax.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Economy & Taxes 95% Education 85% Government Operations & Budget 60%

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

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