S 2897 · 117th Congress · Taxation

NIL Scholarship Tax Act

Introduced 2021-09-29· Sponsored by Sen. Burr, Richard [R-NC]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2021-09-29)

Plain Language Summary

[AI summary unavailable — showing source text] NIL Scholarship Tax Act This bill denies the tax exclusion for qualified scholarships income to recipients of athletic scholarships at institutions of higher education who receive income in excess of $20,000 from their name, image or likeness in a taxable year.…

Summarized by Claude AI · Non-partisan · For informational purposes only