HR 8447 · 117th Congress
Protecting Endowments from Our Adversaries Act
<p><strong>Protecting Endowments from Our Adversaries Act</strong></p> <p>This bill imposes an excise tax equal to 50% of the fair market values of certain investments made by private colleges and universities with assets or endowments exceeding $1 billion. It also taxes 100% of the net income of such investments h…
- Introduced
- 2022-07-20
- Policy area
- Taxation
- Latest action
- Referred to the House Committee on Ways and Means.
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