AmeriCorps Reform: Increased Benefits, Tax Exclusions, and New Civilian Climate Corps.
This Act transforms the Corporation for National and Community Service into the AmeriCorps Administration, significantly increasing financial benefits for national service program participants. It introduces a dual tax benefit: federal income tax exclusion for both AmeriCorps educational awards and monthly living allowances. Furthermore, it establishes a new Civilian Climate Corps, offering citizens new service opportunities focused on environmental protection and climate resilience.
Key points
Tax Changes: AmeriCorps educational awards and monthly living allowances for national service participants will be excluded from federal gross income, increasing the real value of the benefits received.
Benefit Increase: The AmeriCorps educational award amount will be doubled, equaling twice the national average of yearly in-State tuition and fees at public, four-year higher education institutions.
New Service Opportunities: A Civilian Climate Corps is established, focusing on projects related to climate change mitigation and adaptation, natural resource protection, and supporting disproportionately impacted communities.
Program Expansion Goal: The AmeriCorps Administration is mandated to plan for increasing the number of national service participants to at least 1,000,000 per year by September 30, 2033.
Reorganization: The former Corporation for National and Community Service is restructured into the AmeriCorps Administration, elevating its status to an Executive department for improved program management.
Expired
Additional Information
Print number: 118_S_779
Sponsor: Sen. Reed, Jack [D-RI]
Process start date: 2023-03-14