118th Congress · HOUSE BILLBILL

H.R. 3000Tax-Free Pell Grant Act

To amend the Internal Revenue Code of 1986 to expand the exclusion of Pell Grants from gross income, and for other purposes.

Taxation
Introduced Apr 28, 2023
Last action Apr 28, 2023
Pipeline · Bill → Law
Step 1
Introduced
Apr 28, 2023
Step 2
Referred
Apr 28, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

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.

Provisions · 3 sectionsIntroduced in House
Timeline · 2 actions
Apr 28, 2023
Introduced in House
Apr 28, 2023
Referred to the House Committee on Ways and Means.