H8192 — Provides a tax upon the endowment of a private institution of higher education equal to two percent (2%) upon each dollar over $1,000,000,000.

H8192 — Provides a tax upon the endowment of a private institution of higher education equal to two percent (2%) upon each dollar over $1,000,000,000. · Informed CitizenryH8192 proposes a new state tax targeting large private colleges and universities within Rhode Island. Specifically, the bill would impose a tax of 2% on any portion of an institution's endowment th…Open in Informed Citizenry