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Connecticut · 2026 Regular Session · Bill

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.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 38 is a bill introduced in the Connecticut Senate on February 4, 2026. According to its official title, it concerns: AN ACT ESTABLISHING A CAPITAL GAINS TAX ON CERTAIN ENDOWMENT FUNDS OF INSTITUTIONS OF HIGHER EDUCATION AND CONCERNING THE USE OF THE REVENUE GENERATED. Primary sponsor: Ryan Fazio (Republican). Most recent recorded action (February 4, 2026): REF. TO JOINT COMM. ON Finance, Revenue and Bonding.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Ryan FazioPrimary sponsorRepublicanSenate36

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REF. TO JOINT COMM. ON Finance, Revenue and Bonding

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source