Bill117th CongressFiled Sep 3, 2021Taxation
H.R. 5152
Higher Education Endowment Tax Reform Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 3, 2021)
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.
What just happenedSep 3, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Boyle, Brendan F. [D-PA-2](D-PA)Sponsor
1committees3actions
- Introduced in HouseSep 3, 2021
- Sep 3, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 3, 2021IntroReferralIntro-H
Introduced in House
- Sep 3, 2021IntroReferral1000
Introduced in House