Segal AmeriCorps Educational Award Tax Relief Act of 2026

This bill would change federal tax law so that AmeriCorps national service educational awards are not counted as taxable income. It adds these awards to the list of education payments that can be excluded from gross income under the tax code. It also states that amounts received under these awards that are used to pay off student loans would not be counted as gross income. The changes would apply to taxable years ending after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• John B. Larson Democrat sponsor
• 2 cosponsors