,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #ceha  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bh1 #bjag,mr4 
,de,saulnier introduced the following   
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to exclude ,federal     
,pell ,grants from gross income4  #a4   
,short title ,this ,act may be cited as 
the ,pell ,grant ,flexibility ,act of   
#bjag4  #b4 ,exclusion of ,federal ,pell
 ,grants from gross income  7a7 ,in     
general ,section #aag of the ,internal  
,revenue ,code of #aihf is amended by   
adding at the end the following new     
subsection3  7e7 ,federal ,pell ,grants 
,gross income does not include any      
amount received as a ,federal ,pell     
,grant awarded under subpart #a of part 
,a of title ,,iv of the ,higher         
,education ,act of #aife 7#bj ,u4,s4,c4 
#ajgj;a74  4  7b7 ,effective date ,the  
amendment made by this section shall    
apply to amounts received in taxable    

years beginning after ,december #ca1    
#bjaf4