Fair Treatment of Scholarships and Pell Grants Act of 2017

Summary

Fair Treatment of Scholarships and Pell Grants Act of 2017 This bill amends the Internal Revenue Code to modify the provision which excludes from the gross income of a student any amount that is received as a qualified scholarship used for qualified tuition and related expenses. The bill expands the exclusion to: (1) permit the scholarship to be used for room and board costs for which there is an allowance under the Higher Education Act of 1965; and (2) to specify that "qualified tuition and related expenses" include fees, books, supplies, and equipment required for research at the educational organization. The amount included in qualified tuition and related expenses for research not required for a course of instruction may not exceed $300 per year, adjusted for inflation after 2017.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

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

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 March 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 28 March 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 28 March 2017

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.