S.2462: Make Student Grants Truly Tax-Free Act

About This Bill

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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
Jan. 21, 2016
Read twice and referred to the Committee on Finance.
Jan. 21, 2016

Introduced in the Senate by Richard Blumenthal (D-Conn.)

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