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Code · BILL · 115th Congress · H.R. 1892 (Enrolled) — To amend title 4, United States Code, to provide for the flying of the flag at half-staff in the event of the death o... · Sec. 41109

Sec. 41109. Clarification regarding excise tax based on investment income of private colleges and universities

52 words·~1 min read·/bill/115/hr/1892/enr/section-41109·

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Subsection (b)(1) of section 4968, as added by section 13701(a) of Public Law 115–97, is amended— by inserting tuition-paying after 500 in subparagraph (A), and by inserting tuition-paying after 50 percent of the in subparagraph (B). The amendments made by this section shall apply to taxable years beginning after December 31, 2017.
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Sec. 41109
Clarification regarding excise tax based on investment income of private colleges and universities
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