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”.
Honor Our Nation’s Oath to Remember Our Veterans’ Sacrifice Act
A BILL
To amend the Higher Education Act of 1965 by updating the definition of untaxed income and benefits.
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—
in paragraph (1)—
by striking subparagraph (C); and
by redesignating subparagraphs (D) through (I) as subparagraphs (C) through (J), respectively; and
in paragraph (2)—
in subparagraph (E), by striking “or”;
in subparagraph (F), by striking the period and inserting “; or”; and
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)).”