US HB2806 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on May 16 2019 - 25% progression, died in committee
Action: 2019-05-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 16 2019 - 25% progression, died in committee
Action: 2019-05-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Treats certain scholarship or fellowship grants received by children as earned income of the child for the purposes of the kiddie tax (the tax on the unearned income of children). This has the effect of exempting the grants from such tax. The bill applies to taxable years beginning after December 31, 2017.
Title
To amend the Internal Revenue Code of 1986 to treat certain scholarships and fellowship grants as earned income for purposes of the kiddie tax.
Sponsors
Rep. Steven Horsford [D-NV] | Rep. Gwen Moore [D-WI] |
History
Date | Chamber | Action |
---|---|---|
2019-05-16 | House | Referred to the House Committee on Ways and Means. |
2019-05-16 | House | Introduced in House |
Same As/Similar To
SB1667 (Related) 2019-05-23 - Read twice and referred to the Committee on Finance.
Subjects
Disability and paralysis
Income tax rates
Student aid and college costs
Tax treatment of families
Taxation
Income tax rates
Student aid and college costs
Tax treatment of families
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/2806/all-info |
Text | https://www.congress.gov/116/bills/hr2806/BILLS-116hr2806ih.pdf |