H.R. 3803 - Pell Grant Flexibility Act of 2019

116TH CONGRESS
1ST SESSION

H.R. 3803

To amend the Internal Revenue Code of 1986 to exclude Federal Pell Grants from gross income.

IN THE HOUSE OF REPRESENTATIVES

JULY 17, 2019

Mr. DESAULNIER (for himself, Mr. ZELDIN, and Mr. KING of New York) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to exclude Federal Pell Grants from gross income.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the "Pell Grant Flexibility Act of 2019".

SEC. 2. EXCLUSION OF FEDERAL PELL GRANTS FROM GROSS INCOME.

(a) IN GENERAL. — Section 117 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:

"(e) FEDERAL PELL GRANTS. — Gross income does not include any amount received as a Federal Pell Grant awarded under subpart 1 of part A of title IV of the Higher Education Act of 1965 (20 U.S.C. 1070a).".

(b) EFFECTIVE DATE. — The amendment made by this section shall apply to amounts received in taxable years beginning after December 31, 2018.