A bill to amend the Internal Revenue Code of 1954.

States that any amount received from appropriated funds as a scholarship, including the value of contributed services and accommodations, by a member of a uniformed service who is receiving training under the Armed Forces health professions scholarship program (or any other program determined by the Secretary of the Treasury or his delegate to have substantially similar objectives) from an educational institution (as defined in the Internal Revenue Code) shall be treated as a scholarship and excluded from gross income under the Internal Revenue Code.