S 3465 · 118th Congress · Taxation

WEST Act of 2023

Introduced 2023-12-12· Sponsored by Sen. Cotton, Tom [R-AR]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2023-12-12)

Plain Language Summary

[AI summary unavailable — showing source text] 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