Bill Sponsor
House Bill 1194
116th Congress(2019-2020)
Graduate Student Savings Act of 2019
Introduced
Introduced
Introduced in House on Feb 13, 2019
Overview
Text
Introduced in House 
Feb 13, 2019
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in House(Feb 13, 2019)
Feb 13, 2019
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 1194 (Introduced-in-House)


116th CONGRESS
1st Session
H. R. 1194


To amend the Internal Revenue Code of 1986 to permit fellowship and stipend compensation to be saved in an individual retirement account.


IN THE HOUSE OF REPRESENTATIVES

February 13, 2019

Mr. Kennedy (for himself, Mr. Banks, and Mr. Moulton) 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 permit fellowship and stipend compensation to be saved in an individual retirement account.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Graduate Student Savings Act of 2019”.

SEC. 2. Certain non-tuition fellowship and stipend payments treated as compensation.

(a) In general.—Paragraph (1) of section 219(f) of the Internal Revenue Code of 1986 is amended by adding at the end the following: “Such term includes any amount paid to an individual to aid the individual in the pursuit of graduate or postdoctoral study or research.”.

(b) Effective date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2019.