Tax-Free Pell Grant Act

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.

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Timeline

1. 22 July 2021

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 22 July 2021

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 22 July 2021 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 22 July 2021

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 22 July 2021

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 22 July 2021

  Open at official source

Sponsors

• Sheldon Whitehouse · D · Sponsor
• Ron Wyden · D · Sponsor
• Michael Bennet · D · Sponsor
• Sen. Stabenow, Debbie [D-MI] · D · Sponsor
• Patty Murray · D · Sponsor
• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• Tina Smith · D · Sponsor
• Richard Blumenthal · D · Cosponsor
• Rep. Cardin, Benjamin L. [D-MD-3] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Tax-Free Pell Grant Act