arrow_back Trending Legislation
Share share

Tax Relief for AmeriCorps Education Awards

This act exempts AmeriCorps educational awards from income tax. This means individuals who received these awards for their service will not have to pay tax on them, increasing their real value. These changes apply to tax years ending after the act's enactment date.
Key points
AmeriCorps educational awards will not be included in taxable income.
Individuals repaying student loans with AmeriCorps awards will not pay tax on the discharged amount.
These changes increase the financial benefits for AmeriCorps program participants.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Segal AmeriCorps Education Award Tax Relief Act of 2021
Print number: HR 3941
Sponsor: Rep. Larson, John B. [D-CT-1]
Process start date: 2021-06-16