H.R. 1128

narcolepticnerd February 7, 2025 0 comments

Title: 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.

Sponser: Lawler, Michael [Rep.-R-NY-17] (Introduced 02/07/2025)