Introduced
S. 936
Introduced in Senate · March 28, 2025March 11 (
legislative day
, March 10), 2025
Mr. Cotton 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 apply a 6 percent excise tax on large endowments of certain private colleges and universities, and for other purposes.
Excise tax on certain large private college and university endowments
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 “Woke Endowment Security Tax Act of 2025” or the “WEST Act of 2025”.