To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Immigration.
Who Benefits and How
schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HF8A06BA955904291BF0C99F743DCDADC: 1. Short title This Act may be cited as the Segal AmeriCorps Education Award Tax Relief Act of 2023.
- Section HD7B8BF08CEA74CC3962C740DD2887DC0: 2. Exclusion from gross income of AmeriCorps educational awards Paragraph (2) of section 117(c) of the Internal Revenue Code of 1986 is amended by striking or...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards., changes federal law or congressional policy affecting schools, students, and education providers.
Key Policy Areas
Education, Immigration
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards., changes federal law or congressional policy affecting schools, students, and education providers.
Policy Domains
Whole bill
Identified Gains
- schools, students, and education providers
Identified Costs
- federal implementing agencies
- schools, students, and education providers
Sponsors
John B. Larson
D-CT | Primary Sponsor
Legislative Progress
IntroducedMr. Larson of Connecticut (for himself and Mr. Bacon) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology