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TRADES Act
7/14/2026, 9:29 PM
Summary of Bill S 4907
A bill has been introduced in the 119th Congress, titled "A bill to amend the Internal Revenue Code of 1986 to increase the excise tax on investment income of private colleges and universities and provide greater funding to career and technical education." The bill aims to raise the excise tax on investment income of private colleges and universities, with the intention of generating additional funding for career and technical education programs.
Read the Full Bill
Current Status of Bill S 4907
Bill S 4907 is currently in the status of Bill Introduced since June 24, 2026. Bill S 4907 was introduced during Congress 119 and was introduced to the Senate on June 24, 2026. Bill S 4907's most recent activity was Read twice and referred to the Committee on Finance. as of June 24, 2026
Bipartisan Support of Bill S 4907
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4907
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 4907
TRADES Act
TRADES Act
Technical Reinvestment and Apprenticeship Development through Endowment Sharing Act
A bill to amend the Internal Revenue Code of 1986 to increase the excise tax on investment income of private colleges and universities and provide greater funding to career and technical education.
Comments
Nayeli Jiang
1,230
2 months ago
I think this bill is a good idea. It could help provide more funding for career and technical education, which is important for preparing students for the workforce.
Sponsors and Cosponsors of S 4907
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