Bill > HR4380

This bill, the Protecting Endowments from Our Adversaries Act, proposes to impose an excise tax on certain investments made by private colleges and universities. Specifically, the bill would impose a 50% tax on the fair market value of any "listed investments" acquired by these institutions, which are defined as investments in entities that are included on various U.S. government lists related to national security concerns. Additionally, the bill would impose a 100% tax on the net income derived from any "1-year listed investments" held by these institutions. The bill aims to discourage private colleges and universities from investing in entities that the U.S. government has deemed a potential threat to national security.