Politiparty
Politiparty

118th Congress Taxation

S. 3465: WEST Act of 2023

Introduced

  1. Introduced (completed)Dec 12, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Dec 12, 2023

This bill imposes a 6% excise tax on certain private educational instutions with endowments of at least $12.2 billion and institutions with endowments of at least $9 billion that also operate a state contract college.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

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Other bills by Tom Cotton

History

  1. Dec 12, 2023Introduced in the Senate by Tom Cotton.
Show the full action history (2 actions)
  1. Dec 12, 2023Introduced in Senate
  2. Dec 12, 2023Read twice and referred to the Committee on Finance.