Federal Tax Proposals 2017-18

This page will be updated periodically with information and University communications concerning new federal tax proposals that could affect students

Update on Federal Tax Bill

Email from Robert J. Zimmer, President, and Daniel Diermeier, Provost to Members of the University Community

December 20, 2017

Proposed Tax on Graduate Students’ Tuition Waivers Appears to Be Dead (Inside Higher Ed)

Multiple reports today indicate that the tax on graduate student tuition waivers will not be included in the final version of tax legislation that is likely to be voted on soon by the House and Senate.

December 13, 2017

Senate Passes Tax Bill With Major Implications for Higher Ed (Inside Higher Ed)

The U.S. Senate passed its own version of a tax bill on December 2. The House and Senate versions of the legislation will now move to a conference committee, which is charged with putting together a single bill that both houses of Congress will vote on, most likely this month. The Senate version of the bill did not include the new taxes on graduate student tuition that the House bill contained. Significant concerns have been raised about this provision since inclusion in the House bill and the House appears to be receptive to dropping this provision in conference, though this outcome is far from certain.   The Senate bill did keep in place, with some modification, an excise tax on university endowments. At this point, no one is certain what the final version of the legislation will contain. The University of Chicago is continuing to work with other institutions and directly with members of Congress to oppose any measure with new taxes that target our students or university endowments.  These strategies are being coordinated by the University’s Office of Federal Relations (OFR), based in Washington, D.C.  Some of you have been engaged in these efforts as well.  If you would like further information regarding how to get involved, we would encourage you to contact the office at federalrelations@uchicago.edu.

December 4, 2017

Why you should be worried about Congress trying to tax graduate students (Washington Post)

In op-ed, Executive Vice Provost David Nirenberg explains need to protect graduate students from tax increase

November 29, 2017

Update on Impact of Tax Proposals

Email from Executive Vice Provost David Nirenberg to Graduate Students, Faculty, and Academic Appointees

November 20, 2017

House Passes GOP Tax Plan (Inside Higher Ed)

November 17, 2017

AAU Statement on the Senate Tax Reform Bill

November 10, 2017

Potential Impact of Tax Proposals

Email from Executive Vice Provost David Nirenberg to Graduate Students

November 10, 2017

AAU Statement on the House Tax Reform Bill

November 2, 2017