Trinity University has enlisted former Texas congressman Henry Bonilla and two others to lobby against the proposed tax on private university endowments in the Republicans’ tax reform bill, which President Trump hopes to sign before the new year. “House members apparently were not aware of how the legislative language in their tax bill was going to be very costly to schools like Trinity,” Bonilla wrote in an email interview on Wednesday, Dec. 13. “Ideally, we’d like...

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Proposed plans for tax reform are currently making their way through the United States House of Congress and the Senate. While there are still many hurdles to clear, the bills could impose a 1.4 percent tax on net investment income derived from private universities’ endowments — including Trinity’s. The proposed tax would apply to private schools with at least 500 enrolled students, with the House bill qualifying universities with endowments at over $100,000 per student...