Introduced
S. 2045
Introduced in Senate · June 23, 2025June 12, 2025
Mr. Ricketts (for himself, Mr. Cotton, and Mrs. Fischer) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to impose an excise tax on certain investments of private colleges and universities.
Excise tax on certain investments of private colleges and universities
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Protecting Endowments from Our Adversaries Act”.