To amend the Internal Revenue Code of 1986 to apply a 6 percent excise tax on large endowments of certain private colleges and universities, and for other purposes.
About This Bill
Committee
Latest Action · January 18, 2024
Referred to the House Committee on Ways and Means.
Woke Endowment Security Tax Act of 2024 or the WEST Act of 2024
This bill imposes a 6% excise tax on certain private educational institutions with endowments of at least $12.2 billion and institutions with endowments of at least $9 billion that also operate a state contract college.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.