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SENATE 3465118th CongressRead twice and referred to the Committee on Finance.

WEST Act of 2023

Last Action
12/12/2023

Actions

  • 2023-12-12Read twice and referred to the Committee on Finance.
  • 2023-12-12Introduced in Senate

CRS Summary

As of 2023-12-12 (00)

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. 

 

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.