Pell Grant Flexibility Act of 2019

I 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) in- troduced 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 Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Pell Grant Flexibility 4 Act of 2019’’. 5 SEC. 2. EXCLUSION OF FEDERAL PELL GRANTS FROM 6 GROSS INCOME. 7 (a) IN GENERAL.—Section 117 of the Internal Rev- 8 enue Code of 1986 is amended by adding at the end the 9 following new subsection: 10 VerDate Sep 11 2014 04:18 Jul 27, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3803.IH H3803 kjohnson on DSK79L0C42 with BILLS 2 •HR 3803 IH ‘‘(e) FEDERAL PELL GRANTS.—Gross income does 1 not include any amount received as a Federal Pell Grant 2 awarded under subpart 1 of part A of title IV of the High- 3 er Education Act of 1965 (20 U.S.C. 1070a).’’. 4 (b) EFFECTIVE DATE.—The amendment made by 5 this section shall apply to amounts received in taxable 6 years beginning after December 31, 2018. 7 Æ VerDate Sep 11 2014 04:18 Jul 27, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H3803.IH H3803 kjohnson on DSK79L0C42 with BILLS