Library / Laws / 113th / hr / H.R. 2737 / Introduced in House
I
113th CONGRESS
1st Session
H. R. 2737
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.
1.
Short title
This Act may be cited as the
Segal AmeriCorps Education Award Tax
Relief Act of 2013.
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.