A bill to amend the Internal Revenue Code of 1954 to clarify the exclusion from gross income of National Research Service Awards made under section 472 of the Public Health Service Act by providing that such awards shall be excludable from gross income to the same extent as other scholarships and fellowship grants.

Summary

Amends the Internal Revenue Code to provide that all amounts, compensation, goods and services received as National Research Service Awards under the Public Health Service Act since July 12, 1974, are excludable from gross income to the same extent as scholarships and fellowship grants. Provides a minimum period of limitations for refunds of taxes assessed on such amounts of one year commencing with the date of this enactment.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 10 July 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 10 July 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 10 July 1978

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 10 July 1978

  Open at official source

Sponsors

• Rep. Carter, Tim Lee [R-KY-5] · R · Sponsor
• Rep. Madigan, Edward R. [R-IL-21] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to clarify the exclusion from gross income of National Research Service Awards made under section 472 of the Public Health Service Act by providing that such Awards shall be excludable from gross income to the same extent as other scholarships and fellowship grants.