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Tax Changes for Colleges: Excluding Students from Calculations

This act changes how certain private colleges are taxed on their investment income. It aims to reduce the tax burden on these institutions, which could indirectly affect education costs or program availability for students. Colleges will also be required to report detailed information about the number of students included in these calculations.
Key points
Private colleges may pay lower taxes on investment income as some students will be excluded from the threshold calculation.
Colleges will need to report precise student numbers used in their tax calculations.
These changes will take effect for tax years beginning after December 31, 2025.
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Introduced
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No votes cast
Additional Information
Print number: 119_HR_1905
Sponsor: Rep. Buchanan, Vern [R-FL-16]
Process start date: 2025-03-06
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protecting American Students Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1905.

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 2025-03-06.

What are the main provisions?

Key points include:

  • Private colleges may pay lower taxes on investment income as some students will be excluded from the threshold calculation.
  • Colleges will need to report precise student numbers used in their tax calculations.
  • These changes will take effect for tax years beginning after December 31, 2025.
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. Buchanan, Vern [R-FL-16].

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.

CATEGORIES

Taxes Education