H8192Introduced in the House
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.
Introduced by David Morales, District 7
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Committee recommended measure be held for further study
May 7, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced, referred to House Finance
Scheduled for hearing and/or consideration (05/07/2026)
Committee recommended measure be held for further study
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