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Amendment to exempt medical graduate programs from endowment excise tax withdrawn after pledge to work with sponsor
Summary
A member proposed exempting graduate medical programs from the endowment excise tax (section 4968) to protect medical training and research at four institutions; the sponsor withdrew the amendment after the chair and colleagues agreed to work on fixes.
A member of the House Ways and Means Committee proposed a narrowly targeted amendment to exempt graduate medical programs from the excise tax under section 4968, saying the change would affect four institutions and protect medical training and research that support regional health care workforces.
The sponsor said the amendment would provide an exemption for graduate schools only under section 4968 and listed the Medical College…
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