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- S.2462
S.2462: Make Student Grants Truly Tax-Free Act
About This Bill
- Introduced Jan. 21, 2016
- Latest Major Action Jan. 21, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Make Student Grants Truly Tax-Free Act This bill amends the Internal Revenue Code to expand the tax exclusion for scholarships to include amounts received: (1) through a scholarship or fellowship grant program administered by the Secretary of Education that is based on financial need, including a Federal Pell Grant; (2) as an Iraq and Afghanistan Service grant under the Higher Education Act of 1965; or (3) as a TEACH Grant under the Higher...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Jan. 21, 2016 |
Read twice and referred to the Committee on Finance.
|
Jan. 21, 2016 |
Introduced in the Senate by Richard Blumenthal (D-Conn.) |