Sec. 7. Expansion of Pell Grant exclusion from gross income
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(1)of section 117(b) of the Internal Revenue Code of 1986 is amended by striking received by an individual and all that follows and inserting received by an individual— as a scholarship or fellowship grant to the extent the individual establishes that, in accordance with the conditions of the grant, such amount was used for qualified tuition and related expenses, or as a Federal Pell Grant under section 401 of the Higher Education Act of 1965 (as amended by the Pathways to an Affordable Education Act ). . The amendment made by this section shall apply to taxable years beginning after December 31, 2015.