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Ending Investment Income Tax for Private Colleges

This bill aims to eliminate a specific tax on investment income of private colleges and universities. This means these institutions would have more funds available to invest in education, research, or potentially reduce costs for students. In the long run, this could impact the accessibility and quality of higher education.
Key points
Repeals the excise tax on investment income of private colleges and universities.
Potentially more funds for universities to invest in education or lower student costs.
Changes apply to taxable years beginning after the bill becomes law.
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Status:
Expired
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Additional Information
Don’t Tax Higher Education Act
Print number: HR 2832
Sponsor: Rep. Boyle, Brendan F. [D-PA-2]
Process start date: 2021-04-26
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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Summary & Status

Key Questions about Ending Investment Income Tax for Private Colleges

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 2832.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-04-26.

What are the main provisions?

Key points include:

  • Repeals the excise tax on investment income of private colleges and universities.
  • Potentially more funds for universities to invest in education or lower student costs.
  • Changes apply to taxable years beginning after the bill becomes law.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Boyle, Brendan F. [D-PA-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

Analysis and Potential Impact of HR 2832

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Taxes Education