House
Jan 15, 2025

No Subsidies for Wealthy Universities Act

Summary

Official

No Subsidies for Wealthy Universities Act This bill limits the indirect costs that are allowable under federal research awards to institutions of higher education (IHEs) with endowments above specified thresholds. (Generally, indirect costs represent expenses that are not specific to a research project but are needed to maintain the infrastructure and administrative...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/15/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

BC

Mr. Cline

House (R) Virginia – 6

Cosponsors (3)

Topics

Latest Action

Referred to the Committee on Science, Space, and Technology, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jan 15, 2025

View Bill on Congress.gov