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Higher Taxes for Universities: Changes in Private Education Funding.

This act increases the excise tax on investment income of private colleges and lowers the asset threshold per student, meaning more institutions will be subject to this tax. This could impact tuition fees or scholarship availability, potentially altering education costs for students.
Key points
The excise tax on private university investment income increases from 1.4% to 10%.
More private colleges will be subject to this tax as the asset per student threshold decreases from $500,000 to $200,000.
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Status:
Introduced
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Additional Information
Endowment Accountability Act
Print number: HR 1128
Sponsor: Rep. Lawler, Michael [R-NY-17]
Process start date: 2025-02-07
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
Source data: api.congress.gov
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Summary & Status

Key Questions about Higher Taxes for Universities: Changes in Private Education Funding.

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 1128.

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 2025-02-07.

What are the main provisions?

Key points include:

  • The excise tax on private university investment income increases from 1.4% to 10%.
  • More private colleges will be subject to this tax as the asset per student threshold decreases from $500,000 to $200,000.

What is the specific legal status?

The current status is Introduced.

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. Lawler, Michael [R-NY-17].

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 2025-12-22.

Analysis and Potential Impact of HR 1128

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