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United States · Bill · HR

H.R. 5152 (117th)

Higher Education Endowment Tax Reform Act

referredUnited States· United States Congress· EN

Introduced

3 September 2021

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Higher Education Endowment Tax Reform Act This bill provides for a phaseout of the excise tax on the investment income of private colleges and university if such institutions provide a specified amount of qualified aid awards to their first-time, full-time undergraduate students. To qualify for the tax reduction, such educational institutions must report on loans and other assistance provided to their students.

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Documents

3 official files

Introduced in House (text)

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