# 119-hr-1128: Endowment Accountability Act

119-hr-1128, Endowment Accountability Act, is a 119th Congress bill sponsored by Rep. Lawler, Michael [R-NY-17] (R-NY); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-1128
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1128
- Congress: 119
- Title: Endowment Accountability Act
- Status: introduced
- Introduced: 2025-02-07
- Sponsor: Rep. Lawler, Michael [R-NY-17] (R-NY)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Raises the tax on private college endowment earnings and expands which schools are covered.** The bill targets investment income from wealthier private colleges to bring more endowment returns under federal tax rules. - Private colleges and universities with large endowments would face a much higher excise tax on investment income, with the rate rising from 1.4 percent to 10 percent. This directly increases the federal tax on endowment returns. - More private institutions would fall under the rule because the bill lowers the aggregate fair market value per student threshold from $500,000 to $200,000. Schools that were previously below the cutoff could become subject to the excise tax. - The changes would apply to taxable years beginning after the date of enactment, setting the start point for when institutions must account for the higher rate and expanded coverage.

## Provisions PRIA read

- Higher endowment taxes on private colleges: cost, high. This bill would raise the tax on private colleges' net investment income from 1.4% to 10%. It would also lower the endowment-per-student cutoff from $500,000 to $200,000, so more colleges could be taxed. These changes would apply to taxable years starting after the bill is enacted.

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-9086: Foreign Service Modernization Act
- 119-hr-3633: Digital Asset Market Clarity Act

## Sources
- [119-hr-1128 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1128)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-9086: Foreign Service Modernization Act](https://policyrisk.com/legislation/119-hr-9086)
- [119-hr-3633: Digital Asset Market Clarity Act](https://policyrisk.com/legislation/119-hr-3633)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1128 (as of 2026-04-21).