Segal AmeriCorps Education Award Tax Relief Act of 2013

Segal AmeriCorps Education Award Tax Relief Act of 2013 - Amends the Internal Revenue Code to exclude from gross income any AmeriCorps educational awards provided under the National and Community Service Act of 1990.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2737 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 2737

To amend the Internal Revenue Code of 1986 to provide an exclusion from 
            gross income for AmeriCorps educational awards.


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                    IN THE HOUSE OF REPRESENTATIVES

                             July 18, 2013

   Mr. Lewis (for himself, Ms. Norton, Mr. Doggett, Mr. Rangel, Mr. 
 Ellison, Mr. Price of North Carolina, Mr. Grijalva, Ms. Shea-Porter, 
 and Ms. DeLauro) 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 Education Award Tax 
Relief Act of 2013''.

SEC. 2. EXCLUSION FROM GROSS INCOME OF AMERICORPS EDUCATIONAL AWARDS.

    (a) In General.--Section 117 of the Internal Revenue Code of 1986 
(relating to qualified scholarships) is amended by adding at the end 
the following new subsection:
    ``(e) AmeriCorps Educational Awards.--Gross income shall not 
include any national service educational award described in subtitle D 
of title I of the National and Community Service Act of 1990 (42 U.S.C. 
12601 et seq.).''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years ending after the date of the enactment of this Act.
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