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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.

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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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4907

Primary Policy Focus

Taxation

Alternate 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 profile image

Nayeli Jiang

1,062

22 days 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

Ashley Moody
Ashley Moody
FloridaIndependent

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