Protecting American Students Act

3/20/2025, 7:08 AM

Summary of Bill HR 1905

Bill 119 hr 1905, also known as the "Student Exclusion Act," aims to make changes to the Internal Revenue Code of 1986 in order to exclude certain students from the calculation used to determine if certain private colleges and universities are subject to the excise tax on net investment income.

The bill specifically targets students who receive financial aid in the form of scholarships or grants, and seeks to exclude their income from being counted towards the total net investment income of the institution. This exclusion would help alleviate the financial burden on colleges and universities that provide financial aid to students, as their income would not be factored into the calculation for the excise tax.

In addition to excluding certain students from the calculation, the bill also includes provisions for other purposes related to the excise tax on net investment income. Overall, the Student Exclusion Act aims to provide relief to private colleges and universities that offer financial aid to students, by excluding their income from the calculation used to determine if they are subject to the excise tax on net investment income.

Current Status of Bill HR 1905

Bill HR 1905 is currently in the status of Bill Introduced since March 6, 2025. Bill HR 1905 was introduced during Congress 119 and was introduced to the House on March 6, 2025.  Bill HR 1905's most recent activity was Referred to the House Committee on Ways and Means. as of March 6, 2025

Bipartisan Support of Bill HR 1905

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
0
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1905

Primary Policy Focus


Alternate Title(s) of Bill HR 1905

Protecting American Students ActProtecting American Students ActTo amend the Internal Revenue Code of 1986 to exclude certain students from the calculation to determine if certain private colleges and universities are subject to the excise tax on net investment income, and for other purposes.
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