HR. 1006In Committee
Higher Education Accountability Tax Act
Increases excise taxes on certain private college endowment investment income and broadens which institutions are subject to the tax
Plain-English overview
What this bill does
Increases excise taxes on certain private college endowment investment income and broadens which institutions are subject to the tax
Key points
- Increase endowment excise tax rates
- Expand colleges subject to tax
- Define tuition price calculation
Current status
Where it stands
Status
In Committee
Latest action
2025-02-05 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation