# 119-s-4907: TRADES Act

119-s-4907, TRADES Act, is a 119th Congress bill sponsored by Sen. Moody, Ashley [R-FL] (R-FL); status introduced; PRIA reads it as touching household money (as of 2026-07-16).

- Canonical: https://policyrisk.com/legislation/119-s-4907
- As of: 2026-07-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4907
- Congress: 119
- Title: TRADES Act
- Status: introduced
- Introduced: 2026-06-24
- Sponsor: Sen. Moody, Ashley [R-FL] (R-FL)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-07-16

## Summary

**Raises the tax on private colleges' investment income and directs the extra money to Career and Technical Education.** This bill would increase the excise tax on private college endowment investment income and use the added revenue to support Perkins CTE programs.

## Provisions PRIA read

- More career and technical education funding: benefit, low. If enacted, the Treasury would each year transfer to the Perkins career and technical education program an amount equal to the extra revenue raised by the endowment excise tax increase in the prior 12 months. These transfers would be in addition to any other amounts made available under title I of…
- Higher tax on private college endowments: cost, medium. If enacted, this bill would raise the federal excise tax on net investment income for private colleges and universities from 8% to 15%. The change would apply for taxable years beginning after the date that is 12 months after enactment. Affected institutions would pay higher federal excise taxes on…

## Related bills

- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-1748: Kids Online Safety Act
- 119-s-4328: FLEX Act

## Sources
- [119-s-4907 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4907)

## Related
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-4328: FLEX Act](https://policyrisk.com/legislation/119-s-4328)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4907 (as of 2026-07-16).