Senate bill · S. 4907 (119th Congress)
TRADES Act
U.S. Senate
Summary
This bill would increase the excise tax on investment income earned by private colleges and universities from 8 percent to 15 percent, with the additional revenue directed to career and technical education programs.
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Finance · U.S. Senate
Full history
- Jun 24, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- Jun 24, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Jun 24, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Jun 24, 2026
Referred to committee
Read twice and referred to the Committee on Finance.