S 2075
Segal AmeriCorps Education Award Tax Relief Act of 2021
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Bill overview
This bill, the Segal AmeriCorps Education Award Tax Relief Act of 2021, aims to provide tax relief to individuals who have participated in AmeriCorps programs. It modifies tax laws to exclude AmeriCorps educational awards from a person's gross income, similar to how student loan forgiveness is treated. The bill also ensures that payments received under AmeriCorps educational awards are not considered taxable income.
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