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Ending federal funding for universities with large endowments.

This bill aims to stop the transfer of federal taxpayer money to very wealthy universities whose endowment funds exceed $5 billion. This means public funds will be redirected from these institutions, potentially affecting the availability of research and educational programs at these schools. An exception is made for funding projects critical to national security or border control.
Key points
Funding Ban: Institutions of higher education with endowment funds of $5 billion or more will not receive federal funds.
Exceptions: Federal funding is still allowed for research and projects related to critical national functions, such as national security or southern border operational control.
Impact: The change primarily targets the wealthiest, elite universities, potentially altering how they finance their non-critical programs.
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Additional Information
Print number: 118_HR_6620
Sponsor: Rep. Crane, Elijah [R-AZ-2]
Process start date: 2023-12-06
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OFFICIAL LEGAL TITLE

No Taxpayer Funding for Ivy League Schools Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6620.

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 2023-12-06.

What are the main provisions?

Key points include:

  • Funding Ban: Institutions of higher education with endowment funds of $5 billion or more will not receive federal funds.
  • Exceptions: Federal funding is still allowed for research and projects related to critical national functions, such as national security or southern border operational control.
  • Impact: The change primarily targets the wealthiest, elite universities, potentially altering how they finance their non-critical programs.
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. Crane, Elijah [R-AZ-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and the Workforce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Education Economy Security