Chuck Grassley (R-IA)

S.Amdt. 2530

S.Amdt. 2530 · Senate amendment

A Republican amendment with no cosponsors

Changes H.R. 1 — One Big Beautiful Bill Act

Not adopted

This amendment was never taken up, and the bill finished without it. It was never voted on.

Its path through Congress

  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

MR. GRASSLEY submitted amendment numbered SA 2530 to the bill H.R. 1. The purpose of this amendment is to expand the Pell Grant exclusion from gross income.

Here is what the amendment aims to change or add to the bill:

  • It updates section 117(b)(1) to include Federal Pell Grants under section 401 of the Higher Education Act of 1965 alongside traditional scholarships and fellowship grants for income exclusion.

  • It updates section 25A(g)(2)(A) regarding American Opportunity and Lifetime Learning Credits to exclude Federal Pell Grants from adjustments under section 117.

  • It sets the effective date so that these changes apply to taxable years beginning after December 31, 2025.