S 3465
118th Congress
Senate
Taxation
WEST Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2023
Read twice and referred to the Committee on Finance.
Dec 12, 2023
Introduced in Senate
Plain-English summary
Woke Endowment Security Tax Act of 2023 or the WEST Act of 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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1