Bill > SB2103

This bill creates a new individual income tax deduction for North Dakota taxpayers who receive a Segal AmeriCorps education award. Specifically, the bill allows taxpayers to reduce their taxable income by the amount of the Segal AmeriCorps education award they received during the tax year, but only to the extent that the award was previously included in their federal taxable income. The Segal AmeriCorps education award is a financial benefit provided under federal law (42 U.S.C. 12604) to individuals who complete national service in the AmeriCorps program, which can be used to pay for future education expenses or to repay existing student loans. The tax deduction will become effective for tax years beginning after December 31, 2024, meaning it will first apply to the 2025 tax year. This bill aims to provide financial relief to AmeriCorps members by reducing their state tax liability on the education awards they receive.

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2103.html