HR. 1128In Committee
Endowment Accountability Act
Increases the excise tax on certain private college and university endowment investment income and lowers the per student asset threshold for the tax to apply
Plain-English overview
What this bill does
Increases the excise tax on certain private college and university endowment investment income and lowers the per student asset threshold for the tax to apply
Key points
- Increase endowment excise tax rate
- Expand taxable endowments eligibility
Current status
Where it stands
Status
In Committee
Latest action
2025-02-07 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation