Segal AmeriCorps Educational Award Tax Relief Act of 2026

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7878 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7878 To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 9, 2026 Mr. Larson of Connecticut (for himself and Mr. Bacon) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Segal AmeriCorps Educational Award Tax Relief Act of 2026''. SEC. 2. EXCLUSION FROM GROSS INCOME OF AMERICORPS EDUCATIONAL AWARDS. (a) In General.--Section 117(c)(2) of the Internal Revenue Code of 1986 is amended by striking ``or'' at the end of subparagraph (B), by striking the period a…