Segal AmeriCorps Education Award Tax Relief Act of 2026

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

Full text and official record on Congress.gov

Sponsors

• Michael F. Bennet Democrat sponsor
• 7 cosponsors