S 1757
118th Congress
Senate
Taxation
Workforce Development Through Post-Graduation Scholarships Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 30, 2023
Read twice and referred to the Committee on Finance.
May 30, 2023
Introduced in Senate
Plain-English summary
Workforce Development Through Post-Graduation Scholarships Act of 2023
This bill excludes from gross income, for income tax purposes, post-graduation scholarship grants. The bill defines a post-graduation scholarship grant as any grant program that is established by a tax-exempt organization that, among other things, repays a portion of a student's education loan.
To be eligible for these grants, a grant recipient must live and work in a community that has a bachelor's degree attainment rate below the state or national average.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1