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Code · BILL · 118th Congress · H.R. 5572 (Introduced in House) — To amend the National and Community Service Act of 1990 to establish a Civilian Climate Corps to help communities res... · Sec. 6

Sec. 6. Exclusion from gross income of national service educational awards

216 words·~1 min read·/bill/118/hr/5572/ih/section-6

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Paragraph
(2)of section 117(c) of the Internal Revenue Code of 1986 is amended— by striking or at the end of subparagraph (B), by striking the period at the end of subparagraph
(C)and inserting a comma, and by adding at the end the following new subparagraphs: subtitle D of title I of the National and Community Service Act of 1990 ( 42 U.S.C. 12601 et seq. ) as an educational award, or subtitle K of title I of such Act as an educational benefit. . Paragraph
(4)of section 108(f) of such Code is amended— by striking received under and inserting received— under , and by striking the period at the end and inserting , or under subtitle D of title I of the National and Community Service Act of 1990 ( 42 U.S.C. 12601 et seq. ) as an educational award or under subtitle K of title I of such Act as an educational benefit. . The heading for paragraph
(4)of section 108(f) of such Code is amended by striking and inserting under national health service corps loan repayment program and certain state loan repayment programs . under certain loan repayment programs The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act.
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Sec. 6
Exclusion from gross income of national service educational awards
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