S. 4907

Summary

S. 4907, the TRADES Act, was introduced in the Senate on Jun 24, 2026 by Sen. Ashley Moody (R). It was referred to Finance, and last saw action on Jun 24, 2026: Read twice and referred to the Committee on Finance.

Record

Text

S. 4907 has no co-sponsors and has not gone to a roll call.

119 S4907 IS: Technical Reinvestment and Apprenticeship Development through Endowment Sharing Act
 U.S. Senate
 2026-06-24
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  2d Session  S. 4907  IN THE SENATE OF THE UNITED STATES   June 24, 2026   Mrs. Moody  introduced the following bill; which was read twice and referred to the  Committee on Finance    A BILL
To amend the Internal Revenue Code of 1986 to increase the excise tax on investment income of private colleges and universities and provide greater funding to career and technical education.
1.
Short title
This Act may be cited as the   Technical Reinvestment and Apprenticeship Development through Endowment Sharing Act   or the   TRADES Act  .
2.
Supporting career and technical education for Americans
(a)
In general
 Section 4968(b)(3)  of the Internal Revenue Code of 1986 is amended by striking  8 percent  and inserting  15 percent .
(b)
Funding for Career and Technical Education
In addition to any other amounts made available to provide assistance to States under title I of the Carl D. Perkins Career and Technical Education Act of 2006 ( 20 U.S.C. 2321 et seq. ), the Secretary of the Treasury (or the Secretary’s delegate) shall, on an annual basis, transfer to such program, from amounts in the general fund of the Treasury of the United States, an amount determined by the Secretary of the Treasury (or the Secretary’s delegate) to be equal to the increase in revenue for the preceding 12-month period by reason of the amendments made by subsection (a).
(c)
Effective date
The amendments made by this section shall apply to taxable years beginning after the date which is 12 months after the date of enactment of this Act.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to amend the Internal Revenue Code of 1986 to increase the excise tax on investment income of private colleges and universities and provide greater funding to career and technical education.

Sponsors

Sen. Ashley Moody (R) sponsors S. 4907 alone.

Ashley Moody

Sen. · R–FL · Sponsor

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Committees

S. 4907 went before 1 committee: Finance.

Finance

Finance

Referred To · Jun 24, 2026 · 902 Bills

Actions

S. 4907 has taken 2 actions since Jun 24, 2026.

Votes

S. 4907 has not gone to a roll call.

Titles

S. 4907 goes by 4 titles, 2 of them short titles.

• TRADES Act — Display Title
• TRADES Act — Short Title(s) as Introduced
• Technical Reinvestment and Apprenticeship Development through Endowment Sharing Act — Short Title(s) as Introduced
• A bill to amend the Internal Revenue Code of 1986 to increase the excise tax on investment income of private colleges and universities and provide greater funding to career and technical education. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 6 registered lobbyists who named S. 4907 in 1 quarterly filing, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Budget/Appropriations, Consumer Issues/Safety/Products, Environment/Superfund, Financial Institutions/Investments/Securities, Foreign Relations, Government Issues, Health Issues.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 4907 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 4907’s is Taxation.

Source: congress.gov · legiscan.com