Bill114th CongressFiled Jan 21, 2016Taxation
S. 2462
Make Student Grants Truly Tax-Free Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Jan 21, 2016)
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 Education Act of 1965.What just happenedJan 21, 2016
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Blumenthal, Richard [D-CT](D-CT)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions11subjects
- Introduced in SenateJan 21, 2016
- Jan 21, 2016IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jan 21, 2016IntroReferral10000
Introduced in Senate