,,ii  #aafth ,,congress  #ast ,session  
,s4 #acee  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #g1       
#bjai,mr4 ,bennet 7for himself1 ,mr4    
,isakson1 ,mr4 ,blunt1 ,ms4 ,collins1   
,mr4 ,coons1 ,ms4 ,cortez ,masto1 ,mr4  
,merkley1 ,mr4 ,portman1 ,mrs4 ,shaheen1
 and ,mr4 ,wicker7 introduced the       
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to provide an   
exclusion from gross income for         
,ameri,corps educational awards4  #a4   
,short title ,this ,act may be cited as 
the ,segal ,ameri,corps ,education      
,award ,tax ,relief ,act of #bjai4  #b4 
,exclusion from gross income of         
,ameri,corps educational awards  7a7 ,in
 general ,paragraph 7#b7 of section     
#aag7;c7 of the ,internal ,revenue ,code
 of #aihf is amended by striking or at  
the end of subparagraph 7,b71 by        
striking the period at the end of       
subparagraph 7,c7 and inserting 1 or1   

and by adding at the end the following  
new subparagraph3  7,d7 a national      
service educational award under subtitle
 ,d of title ,i of the ,national and    
,community ,service ,act of #aiij4  4   
7b7 ,exclusion of discharge of student  
loan debt ,subsection 7f7 of section    
#ajh of such ,code is amended by adding 
at the end the following new paragraph3 
7#f7 ,payments under national service   
educational award programs ,in the case 
of an individual1 gross income shall not
 include any amount received under a    
national service educational award under
 subtitle ,d of title ,i of the         
,national and ,community ,service ,act  
of #aiij 7#db ,u4,s4,c4 #abfja et seq474
  4  7c7 ,effective date ,the amendments
 made by this section shall apply to    
taxable years ending after the date of  
the enactment of this ,act4