arrow_back Back to App

New Tax on University Endowments Investing in Listed Adversaries.

This bill introduces a new excise tax targeting the largest private universities (with endowments over $1 billion). The goal is to discourage these institutions from investing in companies or entities identified by the US government as national security threats. Citizens might see an indirect impact on university finances, potentially affecting tuition fees or research funding.
Key points
Imposes a 50% tax on the fair market value of newly acquired investments in entities listed as security threats (e.g., Commerce Department or FCC lists).
Levies a 100% tax on net income (gains and income) derived from these risky investments if held for at least one year.
The rules apply only to large private educational institutions whose non-exempt assets exceed one billion dollars.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4462
Sponsor: Rep. Murphy, Gregory F. [R-NC-3]
Process start date: 2025-07-16
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Protecting Endowments from Our Adversaries Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4462.

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 2025-07-16.

What are the main provisions?

Key points include:

  • Imposes a 50% tax on the fair market value of newly acquired investments in entities listed as security threats (e.g., Commerce Department or FCC lists).
  • Levies a 100% tax on net income (gains and income) derived from these risky investments if held for at least one year.
  • The rules apply only to large private educational institutions whose non-exempt assets exceed one billion dollars.
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. Murphy, Gregory F. [R-NC-3].

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 2025-12-31.

CATEGORIES

Taxes Economy Security