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Lawmakers Call for Preservation of Tuition Waver Exclusion

DEC. 7, 2017

Lawmakers Call for Preservation of Tuition Waver Exclusion

DATED DEC. 7, 2017
DOCUMENT ATTRIBUTES
  • Authors
    Sessions, Rep. Pete
    Roe, David P.
    Smith, Lamar
    Royce, Edward R.
    Cole, Rep. Tom
    Stivers, Steve
    Burgess, Rep. Michael C.
    Sensenbrenner, F. James, Jr.
    Culberson, John Abney
    Hultgren, Randy
    McKinley, Rep. David B.
    Yoder, Kevin
    Lamborn, Rep. Doug
    Farenthold, Blake
    Davis, Rep. Rodney
    Arrington, Rep. Jodey C.
    Collins, Chris
    Messer, Luke
    Jenkins, Evan H.
    Katko, Rep. John
    Johnson, Rep. Bill
    Fitzpatrick, Rep. Brian K.
    Yoho, Ted S.
    Byrne, Bradley
    Thompson, Rep. Glenn
    Marshall, Sen. Roger W.
    Stewart, Rep. Chris
    Carter, Rep. Earl L.
    Brooks, Susan W.
    Rothfus, Keith J.
    Flores, Bill
  • Institutional Authors
    U.S. House of Representatives
  • Subject Area/Tax Topics
  • Industry Groups
    Education
  • Jurisdictions
  • Tax Analysts Document Number
    2017-99510
  • Tax Analysts Electronic Citation
    2017 TNT 236-42
    2017 EOT 50-6
    2018 EOR 1-54
  • Magazine Citation
    The Exempt Organization Tax Review, Jan. 2018, p. 53
    81 Exempt Org. Tax Rev. 53 (2018)

Sessions Fights to Protect Graduate Students

December 8, 2017

WASHINGTON, D.C. — U.S. Congressman Pete Sessions (R-TX), Chairman of the House Committee on Rules, released the following statement after sending a letter to Members of Leadership urging them to keep the income exclusion for graduate tuition waivers in the tax reform package:

"Since our earliest days as a nation, our country has been a beacon of hope for young leaders. We have always said that no matter your beginnings you have the potential to be anything that you want to be. The American Dream is made possible because we have an environment that creates opportunities, inspires ingenuity, and fostered success.

"A large part of the success of the American Dream is a direct result of our nation's exemplary higher education institutions. As a result, America is home to some of the best doctors, the brightest legal minds, the most innovative engineers, and the world's most esteemed scholars. However, as a result of this tax, many individuals would be buried in debt and will no longer be able to seek these higher degrees.

"It is no secret that student-loans are already crippling our young leaders, and this tax would add to this growing epidemic. Instead of penalizing students who want to get ahead and gain an edge in their fields, we should be providing them with more opportunities to be successful. I am adamantly opposed to this provision in the tax reform package. I look forward to continuing productive conversations with my friend Chairman Kevin Brady to ensure that this misguided tax is excluded from the final package."

To read the letter, click here (http://sessions.house.gov/sites/sessions.house.gov/files/Graduate%20Tax%20Letter.pdf).

DOCUMENT ATTRIBUTES
  • Authors
    Sessions, Rep. Pete
    Roe, David P.
    Smith, Lamar
    Royce, Edward R.
    Cole, Rep. Tom
    Stivers, Steve
    Burgess, Rep. Michael C.
    Sensenbrenner, F. James, Jr.
    Culberson, John Abney
    Hultgren, Randy
    McKinley, Rep. David B.
    Yoder, Kevin
    Lamborn, Rep. Doug
    Farenthold, Blake
    Davis, Rep. Rodney
    Arrington, Rep. Jodey C.
    Collins, Chris
    Messer, Luke
    Jenkins, Evan H.
    Katko, Rep. John
    Johnson, Rep. Bill
    Fitzpatrick, Rep. Brian K.
    Yoho, Ted S.
    Byrne, Bradley
    Thompson, Rep. Glenn
    Marshall, Sen. Roger W.
    Stewart, Rep. Chris
    Carter, Rep. Earl L.
    Brooks, Susan W.
    Rothfus, Keith J.
    Flores, Bill
  • Institutional Authors
    U.S. House of Representatives
  • Subject Area/Tax Topics
  • Industry Groups
    Education
  • Jurisdictions
  • Tax Analysts Document Number
    2017-99510
  • Tax Analysts Electronic Citation
    2017 TNT 236-42
    2017 EOT 50-6
    2018 EOR 1-54
  • Magazine Citation
    The Exempt Organization Tax Review, Jan. 2018, p. 53
    81 Exempt Org. Tax Rev. 53 (2018)
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