To amend the Internal Revenue Code of 1986 to repeal the excise tax on investment income of private colleges and universities.
USA115th CongressHR-5220| House
| Updated: 3/8/2018
John K. Delaney
Democratic Representative
Maryland
Cosponsors (13)
Lamar Smith (Republican)Tom Cole (Republican)Pete Olson (Republican)David N. Cicilline (Democratic)John Abney Culberson (Republican)Leonard Lance (Republican)Michael E. Capuano (Democratic)Ted Poe (Republican)Anna G. Eshoo (Democratic)Bonnie Watson Coleman (Democratic)Bradley Byrne (Republican)Bob Goodlatte (Republican)Zoe Lofgren (Democratic)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Don't Tax Higher Education Act This bill amends the Internal Revenue Code to repeal the 1.4% excise tax on the net investment income of certain private colleges and universities.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Financial services and investmentsHigher educationSales and excise taxesTax-exempt organizations
To amend the Internal Revenue Code of 1986 to repeal the excise tax on investment income of private colleges and universities.
USA115th CongressHR-5220| House
| Updated: 3/8/2018
Don't Tax Higher Education Act This bill amends the Internal Revenue Code to repeal the 1.4% excise tax on the net investment income of certain private colleges and universities.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
John K. Delaney
Democratic Representative
Maryland
Cosponsors (13)
Lamar Smith (Republican)Tom Cole (Republican)Pete Olson (Republican)David N. Cicilline (Democratic)John Abney Culberson (Republican)Leonard Lance (Republican)Michael E. Capuano (Democratic)Ted Poe (Republican)Anna G. Eshoo (Democratic)Bonnie Watson Coleman (Democratic)Bradley Byrne (Republican)Bob Goodlatte (Republican)Zoe Lofgren (Democratic)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Financial services and investmentsHigher educationSales and excise taxesTax-exempt organizations