Implications of Proposed Tax Legislation
Baylor Faculty, Staff and Students:
Several weeks ago, I mentioned in my weekly Presidential Perspective the potential implications of the proposed tax legislation on colleges and universities across the country, specifically related to graduate students. The Tax Cuts and Jobs Act has since passed the U.S. House of Representatives and the U.S. Senate is considering the legislation this week.
For those who want to know more about the legislation, the American Council on Education has developed a detailed website that provides a comparison of the House and Senate bills and includes a question-and-answer section for students, families and institutions overall.
We are actively working with members of the Texas delegation in Congress on various components of the Tax Cuts and Jobs Act, as well as through the Council for Christian Colleges and Universities, National Association of Independent Colleges and Universities and the Independent Colleges & Universities of Texas. The Senate version of the bill does not include some of the provisions affecting students found in the House version, but it does contain other policy changes that continue to be a concern for many of us in higher education.
If, in your capacity as a private citizen, you wish to communicate your individual concerns regarding the Tax Cuts and Jobs Act, following are links for the U.S. House and U.S. Senate. As a University, we continue to monitor closely this important legislation and pledge to continue to engage with members of Congress and various higher education advocacy groups.
Thank you for your continued concern and support for Baylor University.
Linda A. Livingstone, Ph.D.