Segal AmeriCorps Educational Award Tax Relief Act of 2026
Referred to the House Committee on Ways and Means.
Summary
The bill amends the tax code so that money received as an AmeriCorps educational award is not counted as taxable income. It also excludes from income any student‑loan debt discharged through a national service educational award. This change benefits individuals who serve in AmeriCorps programs and receive the award, giving them tax relief on the award itself and on any loan forgiveness tied to it.
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