A bill to amend the Internal Revenue Code of 1986 to increase the excise tax on investment income of private colleges and universities and provide greater funding to career and technical education.
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Summary
Based on the bill's title, this legislation would amend the Internal Revenue Code to increase the excise tax on investment income earned by private colleges and universities, and would direct the resulting revenue toward funding for career and technical education programs. The bill has been referred to the Senate Finance Committee but the full text is not yet available.
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How your representatives voted
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