Segal AmeriCorps Education Award Tax Relief Act of 2023
This bill makes AmeriCorps education awards tax-free for participants. It amends the tax code to exclude these awards from taxable income, meaning AmeriCorps members who receive education benefits for their service will no longer owe federal income tax on that money. The change directly affects AmeriCorps members who use their education awards toward tuition, books, or student loans. The policy provides immediate tax relief for individuals serving in national service programs under the National and Community Service Act of 1990.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2023
Committee Review
Floor Vote
President
Introduced Dec 13, 2023
Last action Dec 13, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Dec 13, 2023
Committee
Read twice and referred to the Committee on Finance.
upper
Dec 13, 2023
Introduced
Introduced in Senate
upper
1 primary · 5 co-sponsors
Sponsors
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