,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #aaid  ,,in ,,the ,,house ,,of  
,,representatives  ,february #ac1       
#bjai,mr4 ,kennedy 7for himself1 ,mr4   
,banks1 and ,mr4 ,moulton7 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 permit       
fellowship and stipend compensation to  
be saved in an individual retirement    
account4  #a4 ,short title ,this ,act   
may be cited as the ,graduate ,student  
,savings ,act of #bjai4  #b4 ,certain   
non-tuition fellowship and stipend      
payments treated as compensation  7a7   
,in general ,paragraph 7#a7 of section  
#bai7;f7 of the ,internal ,revenue ,code
 of #aihf is amended by adding at the   
end the following3 ,such term includes  
any amount paid to an individual to aid 
the individual in the pursuit of        
graduate or postdoctoral study or       
research44  7b7 ,effective date ,the    
amendment made by this section shall    

apply to taxable years beginning after  
,december #ca1 #bjai4