Protect Vulnerable Students from Surprise Tax Bills Act This bill excludes from gross income, for income tax purposes, any qualified emergency financial aid grant. A qualified emergency financial aid grant is any amount received by a degree candidate at an institution of higher education for expenses related to the disruption of campus operations due to COVID-19 (i.e., coronavirus disease 2019).
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Cardiovascular and respiratory healthEmergency medical services and trauma careHigher educationIncome tax exclusionInfectious and parasitic diseasesStudent aid and college costs
Protect Vulnerable Students from Surprise Tax Bills Act
USA116th CongressHR-6743| House
| Updated: 5/8/2020
Protect Vulnerable Students from Surprise Tax Bills Act This bill excludes from gross income, for income tax purposes, any qualified emergency financial aid grant. A qualified emergency financial aid grant is any amount received by a degree candidate at an institution of higher education for expenses related to the disruption of campus operations due to COVID-19 (i.e., coronavirus disease 2019).
Cardiovascular and respiratory healthEmergency medical services and trauma careHigher educationIncome tax exclusionInfectious and parasitic diseasesStudent aid and college costs