To amend the Internal Revenue Code of 1986 to impose an excise tax on certain investments of private colleges and universities.
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
The bill creates excise tax on certain investments of private colleges and universities in entities on national security lists and creates IRC Section 4969 - Excise tax provisions for private colleges and universities investing in listed entities. It relies on excise tax, regulatory mandate, prohibition, and threshold rule. The main policy areas are Education, Finance, tax_policy, and Technology.
Who Benefits and How
Department of the Treasury / Internal Revenue Service would be affected and State colleges and universities would be affected.
Who Bears the Burden and How
Specified educational institutions (private, $1B+ endowments) could face higher costs, Private educational institutions with endowments over $1 billion could face higher costs, and Foreign entities on national security concern lists would be affected.
Key Provisions
- Creates excise tax on certain investments of private colleges and universities in entities on national security lists.
- Creates IRC Section 4969 - Excise tax provisions for private colleges and universities investing in listed entities.
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
The bill creates excise tax on certain investments of private colleges and universities in entities on national security lists and creates IRC Section 4969 - Excise tax provisions for private colleges and universities investing in listed entities.
Key Policy Areas
Education, Finance, tax_policy, Technology
Primary Purpose
The bill creates excise tax on certain investments of private colleges and universities in entities on national security lists and creates IRC Section 4969 - Excise tax provisions for private colleges and universities investing in listed entities.
Policy Domains
Whole bill
Identified Gains
- Department of the Treasury / Internal Revenue Service
- State colleges and universities
Identified Costs
- Specified educational institutions (private, $1B+ endowments)
- Private educational institutions with endowments over $1 billion
- Foreign entities on national security concern lists
- Entities on Commerce Department Entity List and MEU List
- University endowment managers and investment officers
Legislative Progress
IntroducedMr. Murphy introduced the following bill; which was referred to …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Private educational institutions with endowments over $1 billion, Specified educational institutions (private, $1B+ endowments), State colleges and universities
Positive-direction: State colleges and universities
Negative-direction: Private educational institutions with endowments over $1 billion, Specified educational institutions (private, $1B+ endowments)
Pooled investment vehicles (mutual funds, ETFs), University endowment managers and investment officers
Department of the Treasury / Internal Revenue Service
Related organizations of educational institutions
Foreign entities on national security concern lists
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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.
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