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HR 446 · in committee · significant

Endowment Tax Fairness Act

What this bill does

  • The bill increases the excise tax on investment income from large university endowments from 1.4% to 21%.
  • Private universities and colleges with endowments of at least $500,000 per student are affected.
  • Revenue collected goes to the Treasury to reduce the national deficit.

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Community Threads

Started by Cosponsor

  1. 01

    How might universities with large endowments adjust their spending on financial aid, research, or facility improvements if their investment income tax increases from 1.4% to 21%?

  2. 02

    Which universities would be subject to this tax based on their endowment size, and what makes $500,000 per student the appropriate threshold for this policy?

  3. 03

    What evidence suggests that increasing endowment taxes will effectively reduce the federal deficit compared to other potential revenue sources?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-TX-22

Troy E. Nehls

Citizen cosponsors

0

In Congress

3/ 435

House Reps cosponsoring

Introduced 2025-01-15

Joining the bill

Legislative timeline

  1. 2025-01-15 · house · IntroReferral

    Referred to the House Committee on Ways and Means.

  2. 2025-01-15 · IntroReferral

    Introduced in House

  3. 2025-01-15 · IntroReferral

    Introduced in House

Congress.gov ↗

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