HR 4418
102th Congress
House
Taxation
Education
Income tax
Limitation of actions
Scholarships
Tax credits
Tax exclusion
Tax refunds
To amend the Internal Revenue Code of 1986 to restore the prior law exclusion for scholarships and fellowships.
Introduced: March 10, 1992
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 1992
Referred to the House Committee on Ways and Means.
Mar 10, 1992
Introduced in House
Plain-English summary
Amends the Tax Reform Act of 1986 to repeal the provision taxing scholarships and fellowships, and to exclude them from gross income, beginning with the 1987 tax year. Waives the statute of limitations for related refund or credit claims filed within one year of enactment of this Act.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1