S. 3465 · 118th Congress
WEST Act of 2023
- Stage
- In committee
- Sponsor
- Tom Cotton
- Introduced
- 2023-12-12
- Latest action
- 2023-12-12 · Introduced in Senate
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.