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- H.R.3737
H.R.3737: To amend the Internal Revenue Code of 1986 to clarify the treatment of educational grants by private foundations, and for other purposes.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced June 27, 1996
- Latest Major Action June 27, 1996
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (7 Democrats, 2 Republicans)
Bill Summary
Amends the Internal Revenue Code to exempt a private foundation making an employer-related grant from the excise tax on taxable expenditures when an individual scholarship or fellowship grant made by such a foundation is made on an objective and nondiscriminatory basis and is made pursuant to a qualified employer-related grant program.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| June 27, 1996 |
Introduced in the House by Ed Bryant (R-Tenn.) |