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HOUSE 7033118th CongressReferred to the House Committee on Ways and Means.

WEST Act of 2024

Last Action
1/18/2024

Actions

  • 2024-01-18Referred to the House Committee on Ways and Means.
  • 2024-01-18Introduced in House
  • 2024-01-18Introduced in House

CRS Summary

As of 2024-01-18 (00)

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.   

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.