Segal AmeriCorps Educational Award Tax Relief Act of 2026
Sponsored By: Representative Larson, John B. [D-CT-1]
Introduced
Summary
Exclude AmeriCorps educational awards from gross income. This bill would amend the Internal Revenue Code so national service educational awards under the National and Community Service Act (AmeriCorps) are not counted as federal taxable income. It also clarifies that student‑loan discharges tied to those awards are not taxable, with both changes applying to taxable years ending after the date of enactment.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Tax break for AmeriCorps award recipients
If enacted, you would not have to count national service educational awards (AmeriCorps) as taxable income. If your federal student loans were discharged because of those awards, that discharge would also be tax-free. These changes would apply to amounts received and to discharges in taxable years ending after the date of enactment.
Sponsors & CoSponsors
Sponsor
Larson, John B. [D-CT-1]
CT • D
Cosponsors
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 3/9/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov