S. 1667 · 116th Congress

Tax Relief for Student Success Act

Stage
In committee
Sponsor
Tim Scott
Introduced
2019-05-23
Latest action
2019-05-23 · Introduced in Senate

Summary

Tax Relief for Student Success Act

This bill treats certain scholarship or fellowship grants received by children as earned income of the child for the purposes of the kiddie tax (the tax on the unearned income of children). This has the effect of exempting the grants from such tax. The bill applies to taxable years beginning after December 31, 2017.