S. 2897 · 117th Congress

NIL Scholarship Tax Act

Stage
In committee
Introduced
2021-09-29
Latest action
2021-09-29 · Introduced in Senate

Summary

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.