Rep. Laura Richardson [D-CA37] became the 64th Co-sponsor of the Segal AmeriCorps Education Award Tax Relief Act of 2009 last week. This bill would amend the tax code to "exclude from gross income for income tax purposes AmeriCorps educational awards awarded under the National and Community Service Act of 1990." Meaning, the Ed Award wouldn't be taxed. This bill has been in the works for quite a while and is still in only the first stage of the legislative process, but any news is good news on this front!
Feel free to thank Rep. Richardson for standing with AmeriCorps Alums!
You can read the full text of the bill, if you're interested,
here
