HR 446
Endowment Tax Fairness Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:52 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Endowment Tax Fairness Act, raises the tax on investment income earned by large private university and college endowments. Currently, these endowments pay a 1.4% excise tax on their net investment income if they meet certain size requirements. The bill increases this tax rate to 21%, and the revenue generated will be used to reduce the national deficit and national debt.
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