Sec. 105. Changes to untaxed income and benefits
245 words·~1 min read·
/bill/116/hr/4478/ih/section-105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 480(b) ( 20 U.S.C. 1087vv(b) is amended— in paragraph (1), to read as follows: The term untaxed income and benefits means— child support received; untaxed portion of pensions; payments to individual retirement accounts and Keogh accounts excluded from income for Federal income tax purposes; and cash support or any money paid on the student’s behalf, except, for dependent students, funds provided by the student’s parents. ; and in paragraph (2)— by striking or at the end of subparagraph (E); by striking the period at the end of subparagraph
(F)and inserting a semicolon; and by adding at the end the following: worker’s compensation; veteran’s benefits such as death pension, dependency, or indemnity compensation, or veterans’ education benefits as defined in subsection (c); interest on tax-free bonds; housing, food, or other allowances (including rent subsidies for low-income housing) for military, clergy, and others (including cash payments and cash value of benefits), or the value of on-base military housing or the value of basic allowance for housing determined under section 403(b) of title 37, United States Code, received by the parents, in the case of a dependent student, or the student or student’s spouse, in the case of an independent student; or any other untaxed income and benefits, such as Black Lung Benefits, Refugee Assistance, or railroad retirement benefits, or benefits received through participation in employment and training activities under title I of the Workforce Innovation and Opportunity Act ( 29 U.S.C. 3111 et seq.). .
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources