S. 2827 · 113th Congress
Make Student Grants Truly Tax-Free Act
- Stage
- In committee
- Sponsor
- Richard Blumenthal
- Introduced
- 2014-09-16
- Latest action
- 2014-09-16 · Introduced in Senate
Summary
Make Student Grants Truly Tax-Free Act - 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, and (2) as an Iraq and Afghanistan Service grant under the Higher Education Act of 1965.