HR 6486
115th Congress
House
Taxation
Economic development
Higher education
Income tax exclusion
Medical education
Student aid and college costs
Tax-exempt organizations
Workforce Development Through Post-Graduation Scholarships Act of 2018
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 2018
Referred to the House Committee on Ways and Means.
Jul 24, 2018
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1