119-s-5533119th CongressWALLET

Segal AmeriCorps Education Award Tax Relief Act of 2026

Sponsored By: Senator Bennet, Michael F. [D-CO]

Introduced

Summary

Makes AmeriCorps education awards and related program payments exempt from federal income tax. This bill would amend the Internal Revenue Code to add national service educational awards under subtitle D of title I of the National and Community Service Act of 1990 to the list of excludable amounts and to exclude payments under those programs from gross income. The change would apply to taxable years ending after enactment, so recipients would not include these awards in federal gross income.

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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 be able to exclude AmeriCorps national service education awards from your federal taxable income. This would cover awards made under subtitle D of title I of the National and Community Service Act of 1990 (the AmeriCorps education award). The bill would also exclude payments under national service educational award programs for individuals. The exclusion would apply to taxable years ending after the date of enactment.

Sponsors & CoSponsors

Sponsor

Bennet, Michael F. [D-CO]

CO • D

Cosponsors

  • Sen. Kim, Andy [D-NJ]

    NJ • D

    Sponsored 9/29/2026

  • Sen. Capito, Shelley Moore [R-WV]

    WV • R

    Sponsored 9/29/2026

  • Sen. Cassidy, Bill [R-LA]

    LA • R

    Sponsored 9/24/2026

  • Sen. Cortez Masto, Catherine [D-NV]

    NV • D

    Sponsored 9/24/2026

  • Sen. Collins, Susan M. [R-ME]

    ME • R

    Sponsored 9/24/2026

  • Sen. Coons, Christopher A. [D-DE]

    DE • D

    Sponsored 9/24/2026

  • Sen. Wicker, Roger F. [R-MS]

    MS • R

    Sponsored 9/24/2026

Roll Call Votes

No roll call votes available for this bill.

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