[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8748 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 8748

To amend the Higher Education Act of 1965 by updating the definition of 
                      untaxed income and benefits.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 12, 2020

    Ms. Spanberger (for herself and Mr. Fitzpatrick) introduced the 
 following bill; which was referred to the Committee on Education and 
                                 Labor

_______________________________________________________________________

                                 A BILL


 
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,

SECTION 1. SHORT TITLE.

    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--
            (1) in paragraph (1)--
                    (A) by striking subparagraph (C); and
                    (B) by redesignating subparagraphs (D) through (I) 
                as subparagraphs (C) through (J), respectively; and
            (2) in paragraph (2)--
                    (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)).''.
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