US HR3941

Bill

US HR3941

Segal AmeriCorps Education Award Tax Relief Act of 2021

Introduced
06/16/2021

In Committee
06/16/2021

Crossed Over

Passed

Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps edu- cational awards.

AI Summary

This bill, the Segal AmeriCorps Education Award Tax Relief Act of 2021, amends the Internal Revenue Code to exclude AmeriCorps educational awards from an individual's gross income. Specifically, it adds these awards to the list of educational assistance excluded from taxable income, and it excludes the discharge of student loan debt related to these awards from gross income. The amendments made by the bill will apply to taxable years ending after the date of the bill's enactment.

Committee Categories

Budget and Finance

Sponsors (10)

John Larson (D)*, Don Bacon (R), Sanford Bishop (D), Suzanne Bonamici (D), Garret Graves (R), Sheila Jackson-Lee (D), Derek Kilmer (D), Ann Kuster (D), Doris Matsui (D), John Rutherford (R),

Last Action

Referred to the House Committee on Ways and Means. (on 06/16/2021)

Official Document

https://www.congress.gov/bill/117th-congress/house-bill/3941/all-info

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/117th-congress/house-bill/3941/all-info
BillText	https://www.congress.gov/117/bills/hr3941/BILLS-117hr3941ih.pdf
Bill	https://www.congress.gov/117/bills/hr3941/BILLS-117hr3941ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR2670	The Civilian Climate Corps for Jobs and Justice Act	Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	Related
HR3000	Inspire to Serve Act of 2021	Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.	Related
HR4100	CORPS Act Cultivating Opportunity and Recovery from the Pandemic through Service Act	Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	Related
S1165	CORPS Act Cultivating Opportunity and Recovery from the Pandemic through Service Act	Read twice and referred to the Committee on Finance.	Related
S1244	Civilian Climate Corps for Jobs and Justice Act	Read twice and referred to the Committee on Finance.	Related
S2075	Segal AmeriCorps Education Award Tax Relief Act of 2021	Read twice and referred to the Committee on Finance.	Same As

Bill > HR3941

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (10)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary