S 3465 · 118th Congress · Taxation
WEST Act of 2023
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2023-12-12)
Plain Language Summary
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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. …
Summarized by Claude AI · Non-partisan · For informational purposes only