Rep. Troy E. Nehls Introduces Bill to Hold Elite University Endowments Accountable

Rep. Troy E. Nehls Introduces Bill to Hold Elite University Endowments Accountable

WASHINGTON, D.C. —Today, Congressman Troy E. Nehls (R-TX-22) introduced the Endowment Tax Fairness Act, a bill that would raise the excise tax levied on certain private university endowment profits from 1.4% to 21%.   “Elite private universities have accumulated and sit on massive university endowments and pay a tax […]