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119-hr-7878119th CongressWALLET

Segal AmeriCorps Educational Award Tax Relief Act of 2026

Sponsored By: Representative Larson, John B. [D-CT-1]

Introduced

Summary

AmeriCorps Segal educational awards would be excluded from federal taxable income. The bill would also exclude from income any student loan amounts discharged because of those awards.

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  • AmeriCorps participants and alumni: Would not have to report Segal educational awards as federal taxable income for tax years ending after enactment.
  • People whose student loans are paid or forgiven using an AmeriCorps award: Would not owe federal tax on the discharged amount for tax years ending after enactment.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Tax-free AmeriCorps education awards

You would not have to include an AmeriCorps national service educational award in your taxable income. If you used the award to pay or discharge student loans, the discharged amount would also not be counted as income. These exclusions would apply to amounts received and to loan discharges in taxable years ending after the bill's enactment. The bill would only change tax treatment and would not create new AmeriCorps funding or programs.

Sponsors & CoSponsors

Sponsor

Larson, John B. [D-CT-1]

CT • D

Cosponsors

  • Rep. Kennedy, Timothy M. [D-NY-26]

    NY • D

    Sponsored 9/28/2026

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 3/9/2026

Roll Call Votes

No roll call votes available for this bill.

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