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IntroducedFeb 07, 2025
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Passed House
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Passed Senate
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Signed into Law
To amend the Internal Revenue Code of 1986 to increase the rate of the excise tax based on investment income of private colleges and universities and to broaden the definition of applicable educational institution by lowering the threshold with respect to aggregate fair market value per student, and for other purposes.
Last Action See all actions
House • Feb 07, 2025: Referred to the House Committee on Ways and Means.
Summary/Bill Text
Comments on HR 1128
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- Feb 07, 2025 | House
- Introduced in House
- Referred to the House Committee on Ways and Means.
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