# 117-hr-8447: Protecting Endowments from Our Adversaries Act

117-hr-8447, Protecting Endowments from Our Adversaries Act, is a 117th Congress bill sponsored by Rep. Murphy, Gregory F. [R-NC-3] (R-NC); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-8447
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-8447
- Congress: 117
- Title: Protecting Endowments from Our Adversaries Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2022-07-20
- Sponsor: Rep. Murphy, Gregory F. [R-NC-3] (R-NC)
- Cosponsors: 9
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Protecting Endowments from Our Adversaries Act This bill imposes an excise tax equal to 50% of the fair market values of certain investments made by private colleges and universities with assets or endowments exceeding $1 billion. It also taxes 100% of the net income of such investments held during a one-year period. These investments are in certain foreign persons or entities (e.g., Chinese or Russian companies) that are included on lists maintained by the Department of Commerce and the Federal Communications Commission that identify persons or entities engaged in human rights abuses or that pose a threat to U.S. national security.

## Cosponsors (9)

- Rep. Wenstrup, Brad R. [R-OH-2] (R-OH), 2022-07-20T00:00:00.000Z
- Rep. Smith, Adrian [R-NE-3] (R-NE), 2022-07-20T00:00:00.000Z
- Rep. Smucker, Lloyd [R-PA-11] (R-PA), 2022-07-20T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2022-07-20T00:00:00.000Z
- Rep. Dunn, Neal P. [R-FL-2] (R-FL), 2022-07-20T00:00:00.000Z
- Rep. Hudson, Richard [R-NC-9] (R-NC), 2022-08-09T00:00:00.000Z
- Rep. Ferguson, A. Drew, IV [R-GA-3] (R-GA), 2022-08-09T00:00:00.000Z
- Rep. Stefanik, Elise M. [R-NY-21] (R-NY), 2022-08-09T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2022-09-20T00:00:00.000Z

## Related bills

- 117-hr-1448: PAWS for Veterans Therapy Act
- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-8876: Jackie Walorski Maternal and Child Home Visiting Reauthorization Act of 2022
- 117-hjres-65: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "COVID-19…
- 117-hr-5586: Prohibiting IRS Financial Surveillance Act
- 117-hr-3630: Lymphedema Treatment Act

## Sources
- [117-hr-8447 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/8447)

## Related
- [117-hr-1448: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/117-hr-1448)
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-8876: Jackie Walorski Maternal and Child Home Visiting Reauthorization Act of 2022](https://policyrisk.com/legislation/117-hr-8876)
- [117-hjres-65: Providing for congressional disapproval under chapter 8 of title 5, United Stat…](https://policyrisk.com/legislation/117-hjres-65)
- [117-hr-5586: Prohibiting IRS Financial Surveillance Act](https://policyrisk.com/legislation/117-hr-5586)
- [117-hr-3630: Lymphedema Treatment Act](https://policyrisk.com/legislation/117-hr-3630)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-8447 (as of 2025-11-18).