HR 2832
Don’t Tax Higher Education Act
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- Became Law
Bill overview
This bill, the Don’t Tax Higher Education Act, seeks 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 aims to reduce the financial burden on higher education institutions. This change would affect how these schools manage their investments and potentially impact their operations.
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