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The state legislature has again proposed a bill that would enable towns and cities to levy a tax on the endowment funds of private institutions of higher education located within their confines.

Colleges and universities have long enjoyed tax exemptions in Connecticut.

Similar bills have been proposed in prior years.

Should municipalities be allowed to tax college endowment funds?
Yes (37%, 161 VOTES)
No (63%, 276 VOTES)
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The state legislature has again proposed a bill that would enable towns and cities to levy a tax on the endowment funds of private institutions of higher education located within their confines.

Colleges and universities have long enjoyed tax exemptions in Connecticut.

Similar bills have been proposed in prior years.

  • 437 Votes
  • 0 Comments

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