Washington Update (May 2025)

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This week, the U.S. House Ways and Means Committee introduced a significant tax reconciliation bill that includes several provisions affecting schools, colleges, and universities. Those provisions include:

• A significant hike in the tax on private college and university endowments
• Restoration of a modest charitable deduction for non-itemizing taxpayers
• A 1% income floor on the deduction for corporate charitable contributions
• Increased taxes on name and logo royalties, compensation, and transportation fringe benefits at tax-exempt organizations
• A permanent increase in the federal estate tax exemption level

Join CASE Vice President of Strategic Partnerships Brian Flahaven, CAE as he walks you through key provisions of the bill, answers your questions, and discusses how you can support efforts to improve it.

You can read a more detailed summary of the bill's provisions including the proposed changes to the endowment tax, as well as other provisions that could impact your institution in the CASE Federal Policy Tracker.

You can also read CASE President and CEO Sue Cunningham's formal statement on this issue here.

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