Bill Information for hr1128-119

Long Title

To amend the Internal Revenue Code of 1986 to increase the rate of the excise tax based on investment income of private colleges and universities and to broaden the definition of applicable educational institution by lowering the threshold with respect to aggregate fair market value per student, and for other purposes.

Short Title

Endowment Accountability Act

Vote Information

Status: REFERRED as of 2025-02-07 00:00:00.

Sponsor: This bill was sponsored by Michael Lawler (R-NY).

Party line votes are determined based on this being a R-sponsored piece of legislation. See here for information on how party line votes are determined.

Vote count: There were 0 roll call votes on this bill in total.