HSB544 — A bill for an act creating an endowment tax on the endowment value of certain Iowa colleges and universities, limited charges relating to certain endowment funds, making appropriations to workforce grant and incentive programs, and making appropriations to supplement tuition grants for high-wage and high-demand jobs.

HSB544 — A bill for an act creating an endowment tax on the endowment value of certain Iowa colleges and universities, limited charges relating to certain endowment funds, making appropriations to workforce grant and incentive programs, and making appropriations to supplement tuition grants for high-wage and high-demand jobs. · Informed CitizenryThe 'Tax the Endowments Act' creates an annual 15% tax on the endowment value of Iowa colleges and universities exceeding $250 million, starting January 1, 2027. The bill defines 'educational insti…Open in Informed Citizenry