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Started by John Reynolds
Fri, 28 Aug 1992 13:28
House Bill 4418 re: tax status of graduate student stipends
Author: John Reynolds
Date: Fri, 28 Aug 1992 13:28
Date: Fri, 28 Aug 1992 13:28
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1924 bytes
Bill H.R. 4418, now being considered by the U. S. House of Representatives, would return the graduate student fellowship stipends to tax-exempt status. That is, stipends given in the form of a scholarship or program for teacher education, as opposed to stipends which are given as a return for service, which would still be considered taxable income. Prior to the Reagan-Bush era, graduate student fellowship stipends were not taxed, and Tom Lewis (R- Florida) has proposed a bill which not only would make these stipends tax-exempt, but would also return all taxes paid since 1986 on these stipends. The Bill is H.R. 4418 and is currently under consideration. The National Association of Graduate-Professional Students (NAGPS) supports this bill as a first step in completely returning all graduate education stipends to tax-exempt status. You can reach their central office for NAGPS at (708) 256-1562 and request a recruitment packet, filled with various information on what else NAGPS does and can help with at your school. The regional Coordinator in the MidWest is Monica White, at Western Michigan University. To voice your opinion on the bill, call or write your local congressperson. If you do not know who your Representative is, call (800) 347-1997 (THE FEDERAL INFORMATION CENTER) and ask. Please feel free to redistribute this message, and please direct all further discussion of this issue to the soc.college.grad news group. Thank you.
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