HR 7033
118th Congress
House
Taxation
WEST Act of 2024
Introduced: January 18, 2024
Introduced by:
Calvert, Ken
Republican
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 18, 2024
Introduced in House
Jan 18, 2024
Referred to the House Committee on Ways and Means.
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1