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Proposed Legislation Universities

Partridge Snow & Hahn LLP

Tax Implications of the Big Beautiful Bill on Nonprofits

The proposed One Big Beautiful Bill Act (OBBBA) introduces sweeping tax changes that will significantly impact nonprofit organizations. While the bill aims to encourage charitable giving through a new universal deduction...more

Jackson Lewis P.C.

NCAA Considers Major Policy Shift on Gambling Restrictions

Jackson Lewis P.C. on

The NCAA Division I Council has proposed a rule change to permit student-athletes and institutional staff to place bets on professional sports. If adopted, this change would mark a significant shift from the NCAA’s...more

DLA Piper

Senate Tax Bill: Key Points for the Investment Funds Industry

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The US Senate released a draft tax bill (Senate Tax Bill) on June 16, 2025. We explore five key takeaways for fund sponsors, investors, and the broader asset management community, with a focus on how the Senate Tax Bill...more

Ropes & Gray LLP

Draft Tax Legislation Released by Senate Finance Committee Brings Some Good News for Tax-Exempt Organizations

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On June 16, the Senate Finance Committee released its draft portions of “The One Big Beautiful Bill Act,” following passage by the House of its version of the bill on May 22. Like the House bill, the Senate proposal includes...more

Proskauer - Tax Talks

One Big Beautiful Bill: Update on Provisions for Nonprofits

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On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (H.R. 1, hereafter the “Revised House Bill”). The Revised House Draft Bill contains certain changes to the original bill that was released...more

Fisher Phillips

Federal Full Court Press: Landmark Bipartisan NIL Bill Seeks to Harmonize State-by-State Patchwork and Redefine Amateurism

Fisher Phillips on

College athletics is racing headfirst into a new era – and some lawmakers want Congress to be the referee. With the bipartisan introduction of the Student-athlete Protections and Opportunities through Rights, Transparency,...more

Cadwalader, Wickersham & Taft LLP

House Republicans to Large Endowments: “Ask Not What …”

Under the House’s current draft budget bill, which was released on May 15, 2025, the 1.4% excise tax on private universities’ net investment income would increase up to 21%, effectively negating one of the main benefits of...more

Fox Rothschild LLP

One Big Beautiful Bill: What It Means to Nonprofits

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President Trump’s proposed One Big Beautiful Bill, which the House of Representatives passed last week, contains several provisions applicable to nonprofit organizations and their donors. While the Senate could still revise...more

Eversheds Sutherland (US) LLP

The One Big Beautiful Bill – sports industry sweats the over/under

As the “One Big Beautiful Bill” continues its legislative path through Congress, it remains too close to call on how the final legislation will impact the sports industry. On May 22, 2025, the House of Representatives...more

Proskauer - Tax Talks

The One Big Beautiful Bill: Relevant Provisions for Nonprofits

Proskauer - Tax Talks on

On May 12, 2025, the House Ways and Committee released an updated text of draft tax legislation (the “House Draft Bill”)...more

Eversheds Sutherland (US) LLP

Exempt organization revenue raisers under House tax bill

On May 12, 2025, the Republicans from the House Committee on Ways and Means released an updated draft tax bill. Several of the provisions in the draft would affect tax-exempt organizations. The bill will almost certainly...more

Mayer Brown

Purpose Built Student Accommodation and the Renters’ Rights Bill: Where Are We Now?

Mayer Brown on

As the Renters’ Rights Bill (the "Bill") makes its way through the Committee Stage of the House of Lords, its implications for student accommodation have emerged as one of the more technically difficult areas to address....more

Davis Wright Tremaine LLP

House GOP Tax Proposal Targets Nonprofits

On May 12, 2025, the House Ways and Means Committee released a draft version of the Republican-led tax bill, "The One, Big, Beautiful Bill" (the "Bill"), which is designed to advance President Trump's tax reform agenda. The...more

Proskauer - Tax Talks

The One Big Beautiful Bill: Relevant Provisions for Sports Industry

Proskauer - Tax Talks on

On May 12, 2025, the House Ways and Means Committee released an updated text of draft tax legislation (the “House Draft Bill”)...more

ArentFox Schiff

Proposed Tax Legislation: Implications for Tax-Exempt Organizations

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This week, the US House Ways and Means Committee released tax legislation that includes several provisions relevant to tax-exempt organizations....more

DLA Piper

Key Updates to the House Committee on Ways and Means’ Proposed Tax Bill

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On May 12, 2025, the House Committee on Ways and Means Chairman Jason Smith (R-MO) released an amended 389-page bill, entitled “The One, Big, Beautiful Bill,” and the staff of the Joint Committee on Taxation released a...more

Ropes & Gray LLP

Significant Changes for Tax-Exempt Organizations Included in House Ways and Means Committee Tax Package

Ropes & Gray LLP on

On May 12, the House Ways and Means Committee released its draft portions of “The One Big Beautiful Bill,” the expected tax package intended to extend expiring provisions of the 2017 Tax Cuts and Jobs Act (“TCJA”) and to...more

McCarter & English, LLP

New Jersey Governor’s Budget Proposal Includes Significant Cuts to Higher Education

On May 1, 2025, the New Jersey Senate Budget and Appropriations Committee convened to hear testimony regarding Governor Phil Murphy’s proposed higher education budget for FY 2026, which reduces state funding for higher...more

Eversheds Sutherland (US) LLP

Film Room: DC activity—proposed student-athlete employment law and potential NIL executive order

In this week’s Film Room, we unpack the potential impact of DC activity, including: - a proposed federal law prohibiting student-athletes from being employees - a potential executive order regarding NIL House—Quick...more

Jenner & Block

Client Alert: Proposed Changes to Higher Education Financial and Tax Policy: What Colleges and Universities Need to Know

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Both Congress and the White House have sought to introduce new financial restrictions for institutions of higher education, building on efforts made during President Trump’s first term. These proposed restrictions include...more

Troutman Pepper Locke

Texas NIL Update: Texas Gears Up for a Post-House Settlement World and Beyond

Troutman Pepper Locke on

Texas’s biennial legislature is in session, and revamping Texas’ name, image, and likeness (NIL) laws to keep up with the developments across the U.S. seems to be a hot topic. As of the date of this post, state...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 19 - February 2025

While many lawmakers and lobbyists are characters themselves, the Gold Dome was filled with a number of other caricatures on Wednesday. Eagle-eyed onlookers spotted Scrappy the Owl as the early bird in the halls celebrating...more

Benesch

Ohio’s 2024 Lame Duck Session: Highlights and Missed Opportunities

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The Ohio General Assembly operates on two-year terms, and when lawmakers adjourned around 2 a.m. on Dec. 19, any bill not on its way to Gov. Mike DeWine’s desk effectively died. This session saw contentious debates and...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Beltway Buzz - August 2024

The Beltway Buzz is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what’s happening in Washington, D.C., could impact your business....more

ArentFox Schiff

Back to Campus in Today’s Environment

ArentFox Schiff on

After a year marked by student protests on university campuses nationwide, including encampments and commencement ceremony walk-outs, universities are scrambling to prepare for students’ return to campus the upcoming Fall...more

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