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United States · Bill · HR

H.R. 353 (105th)

To amend the Internal Revenue Code of 1986 to clarify the treatment of educational grants by private foundations, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

7 January 1997

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to exempt a private foundation making an employer-related grant from the excise tax on taxable expenditures when an individual scholarship or fellowship grant made by such a foundation is made on an objective and nondiscriminatory basis and is made pursuant to a qualified employer-related grant program.

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Documents

3 official files

Introduced in House (text)

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Sources

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