Workforce Development Through Post-Graduation Scholarships Act of 2021
- Last Action
- 6/23/2021
Actions
- 2021-06-23Read twice and referred to the Committee on Finance.
- 2021-06-23Introduced in Senate
CRS Summary
As of 2021-06-23 (00)
Workforce Development Through Post-Graduation Scholarships Act of 2021
This bill excludes from gross income, for income tax purposes, any amount received by an individual taxpayer as a post-graduation scholarship grant by a tax-exempt charitable organization for the payment of certain education expenses or for the repayment of education loans.
The bill requires reports on the post-graduation scholarship grant program by the Department of the Treasury and the Government Accountability Office.
Cosponsors (1)
- Shelley Capito (R-WV)
Subjects
- Congressional oversight
- Economic development
- Government studies and investigations
- Higher education
- Income tax exclusion
- Social work, volunteer service, charitable organizations
- Student aid and college costs
- Tax-exempt organizations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.