CONGRESS FOR VOTERS

RepublicanBill · S. 936· Senate(119-S-936)

WEST Act of 2025

Rep. Cotton
Age: 49 years
Arkansas
Introduced
3/11/2025
Last activity
3/11/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Tom Cotton
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Woke Endowment Security Tax Act of 2025," proposes an amendment to the Internal Revenue Code of 1986. It seeks to impose a 6 percent excise tax on the aggregate fair market value of assets held by certain large private colleges and universities. The tax applies to institutions with endowments of at least $11.9 billion, or $10.5 billion for those operating on behalf of a State. Religious institutions are excluded from this tax. The new rules would take effect for taxable years beginning after December 31, 2024.

Yes

  • Does this give the federal government more power?+3

    The bill expands federal taxing authority over large educational institutions.

The opposite· 3 of 4

  • Does this make college cost less?-3

    The tax on large endowments may reduce the available funds institutions can use to offset tuition costs.

  • Does this put more money into scientific research?-2

    Large university endowments often fund significant scientific research, which this tax could diminish.

  • Would students be better off under this?-2

    Taxing large endowments could lead to reduced financial aid or higher tuition costs for students.