S 2455
117th Congress
Senate
Taxation
Child care and development
Computers and information technology
Education of the disadvantaged
Educational technology and distance education
Higher education
Income tax credits
Income tax exclusion
Student aid and college costs
Teaching, teachers, curricula
Tax-Free Pell Grant Act
Introduced: July 22, 2021
Introduced by:
Whitehouse, Sheldon
Democratic
· Rhode Island
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2021
Read twice and referred to the Committee on Finance.
Jul 22, 2021
Introduced in Senate
Plain-English summary
Tax-Free Pell Grant Act
This bill excludes from gross income, for income tax purposes, any amount received as a federal Pell Grant. It also expands the definition of qualified tuition and related expenses under the American Opportunity and Lifetime Learning tax credit to include computer or peripheral equipment (up to a maximum of $1,000), child and dependent care expenses, and course materials.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1