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Tax-Free Pell Grants and Expanded Education Tax Credits

This bill aims to ease the financial burden of education. It makes Pell Grants tax-free, putting more money directly into students' pockets. Additionally, it broadens the types of expenses that can be claimed for education tax credits, such as computer equipment and childcare, potentially lowering the overall cost of schooling.
Key points
Pell Grants will no longer be included in taxable income, increasing their effective value for students.
The list of qualified expenses for American Opportunity and Lifetime Learning Credits is expanded to include computer equipment, course materials, and child and dependent care expenses.
These changes apply to tax years beginning after December 31, 2022, potentially impacting current tax filings.
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Additional Information
Print number: 118_HR_3000
Sponsor: Rep. Doggett, Lloyd [D-TX-37]
Process start date: 2023-04-28
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Tax-Free Pell Grant Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3000.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-04-28.

What are the main provisions?

Key points include:

  • Pell Grants will no longer be included in taxable income, increasing their effective value for students.
  • The list of qualified expenses for American Opportunity and Lifetime Learning Credits is expanded to include computer equipment, course materials, and child and dependent care expenses.
  • These changes apply to tax years beginning after December 31, 2022, potentially impacting current tax filings.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Doggett, Lloyd [D-TX-37].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Taxes Education