HB24-1240
AmeriCorps Education Award Tax Subtraction
Concerning the creation of an income tax subtraction for Segal AmeriCorps Education Awards.
Session:
2024 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
The bill creates an income tax subtraction for the next 3 income tax years for the amount of any Segal AmeriCorps Education Award received by a taxpayer for service in the AmeriCorps national service program and used by the taxpayer during the income tax year.
(Note: This summary applies to this bill as introduced.)