S. 936: WEST Act of 2025

S. 936 is a federal bill in the 119th Congress. Private universities with investment funds worth at least $11.9 billion, or $10.5 billion for certain state-linked institutions, will now pay an annual six percent tax on those assets. Previously, these specific large endowments faced lower tax rates under… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.