To amend the Internal Revenue Code of 1986 to exclude payments received under the Work Colleges Program from gross income, including payments made from institutional funds.

Bill: 113-hr-5787
Sponsor: full_name: Rep. Davis, Danny K. [D-IL-7]
Introduced: 2014-12-03
Policy area: Taxation
Subjects: Higher education

Income tax exclusion

Student aid and college costs

Wages and earnings

Youth employment and child labor
Latest action: action_date: 2014-12-03
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2014-12-03
action_desc: Introduced in House
text: <p>Amends the Internal Revenue Code to exclude from gross income payments received by a student under a comprehensive work-learning-service program operated by a work college. </p>

tv_txt: I 113th CONGRESS 2d Session H. R. 5787 IN THE HOUSE OF REPRESENTATIVES December 3, 2014 Mr. Danny K. Davis of Illinois (for himself and Mr. Griffin of Arkansas ) 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 payments received under the Work Colleges Program from gross income, including payments made from institutional funds.

1. Exclusion for amounts received under the Work Colleges Program (a) In general Paragraph (2) of section 117(c) of the Internal Revenue Code of 1986 is amended by striking or at the end of subparagraph (A), by striking the period at the end of subparagraph (B) and inserting , or , and by adding at the end the following new subparagraph: (C) a comprehensive work-learning-service program (as defined in section 448(e) of the Higher Education Act of 1965) operated by a work college (as defined in such section). . (b) Effective date The amendments made by this section shall apply to amounts received in taxable years beginning after the date of the enactment of this Act.