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To amend the Internal Revenue Code of 1986 to exclude certain post graduation scholarship grants from gross income in the same manner as qualified scholarships to promote economic growth.

USA115th CongressHR-6486| House 
| Updated: 7/24/2018
Darin LaHood

Darin LaHood

Republican Representative

Illinois

Cosponsors (2)
Terri A. Sewell (Democratic)J. French Hill (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Workforce Development Through Post-Graduation Scholarships Act of 2018 This bill amends the Internal Revenue Code to exclude post-graduation scholarship grants from gross income in the same manner as scholarships are currently excluded. A "post-graduation scholarship grant" is a grant provided by a program that: (1) is established by certain tax-exempt organizations; (2) is designed to encourage individuals to serve in occupations of unmet needs or in areas of unmet needs; and (3) under which, in accordance with the conditions of a grant, the organization repays any portion of an education loan incurred by an individual to pay higher education expenses.
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Timeline
Jul 24, 2018
Introduced in House
Jul 24, 2018
Referred to the House Committee on Ways and Means.
Nov 29, 2018

Latest Companion Bill Action

S 115-3697
Introduced in Senate
  • July 24, 2018
    Introduced in House


  • July 24, 2018
    Referred to the House Committee on Ways and Means.


  • November 29, 2018

    Latest Companion Bill Action

    S 115-3697
    Introduced in Senate

Taxation

Related Bills

  • S 115-3697: A bill to amend the Internal Revenue Code of 1986 to exclude certain post graduation scholarship grants from gross income in the same manner as qualified scholarships to promote economic growth.
Economic developmentHigher educationIncome tax exclusionMedical educationStudent aid and college costsTax-exempt organizations

To amend the Internal Revenue Code of 1986 to exclude certain post graduation scholarship grants from gross income in the same manner as qualified scholarships to promote economic growth.

USA115th CongressHR-6486| House 
| Updated: 7/24/2018
Workforce Development Through Post-Graduation Scholarships Act of 2018 This bill amends the Internal Revenue Code to exclude post-graduation scholarship grants from gross income in the same manner as scholarships are currently excluded. A "post-graduation scholarship grant" is a grant provided by a program that: (1) is established by certain tax-exempt organizations; (2) is designed to encourage individuals to serve in occupations of unmet needs or in areas of unmet needs; and (3) under which, in accordance with the conditions of a grant, the organization repays any portion of an education loan incurred by an individual to pay higher education expenses.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 24, 2018
Introduced in House
Jul 24, 2018
Referred to the House Committee on Ways and Means.
Nov 29, 2018

Latest Companion Bill Action

S 115-3697
Introduced in Senate
  • July 24, 2018
    Introduced in House


  • July 24, 2018
    Referred to the House Committee on Ways and Means.


  • November 29, 2018

    Latest Companion Bill Action

    S 115-3697
    Introduced in Senate
Darin LaHood

Darin LaHood

Republican Representative

Illinois

Cosponsors (2)
Terri A. Sewell (Democratic)J. French Hill (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 115-3697: A bill to amend the Internal Revenue Code of 1986 to exclude certain post graduation scholarship grants from gross income in the same manner as qualified scholarships to promote economic growth.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Economic developmentHigher educationIncome tax exclusionMedical educationStudent aid and college costsTax-exempt organizations