Ways and Means Markup Tackles EV Rules, Ivory Tower

Legislation under consideration includes:

H.R. 8914, the University Accountability Act
Read one-pager here.

• The bill levies a financial penalty against schools that have a civil judgment entered against them by a federal court for violating a student’s civil rights under Title VI of the Civil Rights Act.

H.R. 8913, the Protecting American Students Act

Read one-pager here. 

• This bill would subject roughly 10 to 12 additional schools to the Endowment Tax, all of which could avoid the tax by admitting more American students or spending down their endowments.  

Congressional Review Act on EV Tax Credit Regs (H.J. Res 148)

Read one-pager here. 

• Under H.J.Res. 148, the Biden Administration’s China favorable EV regulations from the Inflation Reduction Act would be voided, including the new rules promulgated in the final regulations as well as previously proposed regulations.