HR. 422In Committee
No Subsidies for Wealthy Universities Act
Limits indirect cost reimbursement under federal research awards for universities with large endowments and sets annual reporting on those endowments and reimbursements
Plain-English overview
What this bill does
Limits indirect cost reimbursement under federal research awards for universities with large endowments and sets annual reporting on those endowments and reimbursements
Key points
- Require annual endowment lists
- Require annual GAO reports
- Limit indirect cost reimbursement
Current status
Where it stands
Status
In Committee
Latest action
2025-01-15 — Referred to the Committee on Science, Space, and Technology, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related context
Topics and policy areas
undefinedCongressional oversightEducationGovernment information and archivesHigher educationResearch administration and funding