H.R. 7033 · 118th Congress

WEST Act of 2024

Stage
In committee
Introduced
2024-01-18
Latest action
2024-01-18 · Introduced in House

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.