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S. 5533 (119th Congress)Committee
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A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards.

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Summary

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Based on the bill's title, S. 5533 would amend the Internal Revenue Code of 1986 to exclude AmeriCorps educational awards from gross income, meaning recipients would not owe federal income tax on those awards. The bill was introduced and referred to the Senate Committee on Finance; full text was not available, so the specific provisions cannot be confirmed.

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