Bill117th CongressFiled Sep 29, 2021Taxation
S. 2897
NIL Scholarship Tax Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Sep 29, 2021)
NIL Scholarship Tax Act
This bill denies the tax exclusion for qualified scholarships income to recipients of athletic scholarships at institutions of higher education who receive income in excess of $20,000 from their name, image or likeness in a taxable year.
What just happenedSep 29, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Burr, Richard [R-NC](R-NC)Sponsor
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- Introduced in SenateSep 29, 2021
- Sep 29, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Sep 29, 2021IntroReferral10000
Introduced in Senate