116th CONGRESS 2d Session |
To amend the Higher Education Act of 1965 by updating the definition of untaxed income and benefits.
November 12, 2020
Ms. Spanberger (for herself and Mr. Fitzpatrick) introduced the following bill; which was referred to the Committee on Education and Labor
To amend the Higher Education Act of 1965 by updating the definition of untaxed income and benefits.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Honor Our Nation’s Oath to Remember Our Veterans’ Sacrifice Act” or the “HONOR Our Veterans’ Sacrifice Act”.
SEC. 2. Definition of untaxed income and benefits.
Section 480(b) of the Higher Education Act of 1965 (20 U.S.C. 1087vv(b)) is amended—
(A) by striking subparagraph (C); and
(B) by redesignating subparagraphs (D) through (I) as subparagraphs (C) through (J), respectively; and
(A) in subparagraph (E), by striking “or”;
(B) in subparagraph (F), by striking the period and inserting “; or”; and
(C) by adding at the end the following:
“(G) veterans’ benefits such as disability, death pension, dependency, or indemnity compensation, or veterans’ education benefits (as defined in subsection (c)).”.