HR 4438
Don’t Tax Higher Education Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Don’t Tax Higher Education Act, aims to eliminate a tax on the investment income earned by certain private colleges and universities. Currently, these institutions are subject to an excise tax on their net investment income. By repealing this tax, the bill seeks to reduce the financial burden on higher education institutions. The changes would take effect after the bill is passed into law.
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Primary sponsor
Cosponsors
Anna G. Eshoo
Anthony Brindisi
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