House bill · 119th Congress · Latest step: Introduced
Endowment Accountability Act
Official title: To amend the Internal Revenue Code of 1986 to increase the rate of the excise tax based on investment income of private colleges and universities and to broaden the definition of applicable educational institution by lowering the threshold with respect to aggregate fair market value per student, and for other purposes.
Sponsor: Rep. Michael Lawler R-NYWhere it went
- IntroducedFeb 7, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 7, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 1128.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. LAWLER, as printed in the Congressional Record (Vol. 171, No. 26, February 7, 2025, Page H585):Article 1, Section 8, Clause 18 of the U.S. ConstitutionSource: Congress.gov, Congressional Record February 7, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 56 characters
- Congress.gov bill record
- H.R. 1128, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1128
- Record last updated by Congress.gov
- March 31, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
701090b177a9894954878b9497cf9d089d0d9881d91fac202520dbe4eeece0af
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of March 31, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 1128, last updated March 31, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Michael Lawler.
- H.R. 1422 (119th) Enhanced Iran Sanctions Act of 2025
- H.R. 1008 (119th) To designate the facility of the United States Postal Service located at 298 Route 292 in Holmes, New York, as the "Sheriff Adrian 'Butch'…
- H.R. 1009 (119th) To designate the facility of the United States Postal Service located at 86 Main Street in Haverstraw, New York, as the "Paul Piperato…
- H.R. 2683 (119th) Remote Access Security Act
- H.R. 3352 (119th) HALOS Act of 2025
- H.R. 9436 (119th) Northeast Lobsterman Protection Act of 2026
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.