AAU joined 45 other higher education associations in a letter to Senate Committee on Finance Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) regarding the higher education provisions in the Tax Cuts and Jobs Act (H.R. 1). The groups wrote that certain bill provisions would negatively impact students and undermine institutions by reducing charitable giving, creating an unprecedented tax on private colleges and universities, increasing costs and the regulatory burden on many colleges and universities, reducing the ability to access tax-exempt bonds for capital projects, and threatening state investment in higher education.