Provides a tax upon the endowment of a private institution of higher education equal to two percent (2%) upon each dollar over $1,000,000,000.

Also relevant to:Student / education borrower

Where it is in the process

Plain-English Summary

TAXATION -- PROPERTY SUBJECT TO TAXATION - Provides a tax upon the endowment of a private institution of higher education equal to two percent (2%) upon each dollar over $1,000,000,000.

Source: OpenStates · fetched May 7, 2026

Votes

Sponsorship · 6 Sponsors

Democrat6Republican0Independent0Other0

D · PrimeDavid Morales
D · CoEnrique Sanchez
D · CoJoshua Giraldo
D · CoCherie Cruz
D · CoBrandon Potter
D · CoMegan Cotter

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