HR4380-118

Introduced

To amend the Internal Revenue Code of 1986 to impose an excise tax on certain investments of private colleges and universities.

118th Congress Introduced Jun 27, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to impose an excise tax on certain investments of private colleges and universities., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors. The main policy domain is Defense, Education, Finance.

Who Benefits and How

defense agencies, service members, and defense contractors may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, defense agencies, service members, and defense contractors may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HD86E5E64EC11476180B1C32075BEA56B: 1. Short title This Act may be cited as the Protecting Endowments from Our Adversaries Act.
  • Section HF5CC17E4C6E5408EBD43CCBB6A91BF84: 2. Excise tax on certain investments of private colleges and universities Subchapter H of chapter 42 of the Internal Revenue Code of 1986 is amended by adding...
  • Section H12EA353C5A014809AE6FB9AB14EA8660: 4969. Excise tax on certain investments of private colleges and universities In the case of any specified educational institution which acquires (directly or...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to impose an excise tax on certain investments of private colleges and universities., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Key Policy Areas

Defense, Education, Finance

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to impose an excise tax on certain investments of private colleges and universities., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Policy Domains

Defense Education Finance

Whole bill

Identified Gains
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
defense agencies, service members, and defense contractors: ,
Identified Costs
  • federal implementing agencies
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
defense agencies, service members, and defense contractors: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jun 27, 2023

Mr. Murphy (for himself, Mr. Smith of Nebraska, Ms. Stefanik, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Defense Education Finance
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_defense"
→ Secretary of Defense
"secretary_of_commerce"
→ Secretary of Commerce
"secretary_of_treasury"
→ Secretary of the Treasury

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology