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HB24-1240

AmeriCorps Education Award Tax Subtraction

Type Bill
Session 2024 Regular Session
Subjects
Fiscal Policy & Taxes

Concerning the creation of an income tax subtraction for Segal AmeriCorps Education Awards.

Bill Summary:

The act creates an income tax subtraction (deduction) for income tax years 2026 to 2033 for the amount of any Segal AmeriCorps Education Award received by a taxpayer for service in the AmeriCorps national service program, which is used by the taxpayer during the income tax year.

APPROVED by Governor June 3, 2024

EFFECTIVE June 3, 2024
(Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
06/03/2024 Signed Act PDF
05/29/2024 Final Act PDF
05/06/2024 Rerevised PDF
05/04/2024 Revised PDF
05/01/2024 Reengrossed PDF
04/30/2024 Engrossed PDF
02/12/2024 Introduced PDF
Date Version Documents
07/16/2024 FN3 PDF
05/02/2024 FN2 PDF
02/29/2024 FN1 PDF
Date Version Documents
05/04/2024 SA2 PDF
04/26/2024 SA1 PDF
Activity Vote Documents
Refer House Bill 24-1240 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 9-0. Vote summary
Activity Vote Documents
Refer House Bill 24-1240 to the Committee on Appropriations. The motion passed on a vote of 6-0. Vote summary
Activity Vote Documents
Refer House Bill 24-1240 to the Committee of the Whole. The motion passed on a vote of 8-3. Vote summary
Activity Vote Documents
Adopt amendment L.001 (Attachment M). This motion was withdrawn. Vote summary
Refer House Bill 24-1240 to the Committee on Appropriations. The motion passed on a vote of 9-1. Vote summary
Activity Vote Documents
Adopt amendment L.001 (Attachment M). This motion was withdrawn. Vote summary
Refer House Bill 24-1240 to the Committee on Appropriations. The motion passed on a vote of 9-1. Vote summary
Date Calendar Motion Vote Vote Document
05/06/2024 Third Reading BILL
31
AYE
2
NO
2
OTHER
Vote record
Date Calendar Motion Vote Vote Document
05/01/2024 Third Reading BILL
47
AYE
17
NO
1
OTHER
Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
04/30/2024 L.002 Second Reading Passed [**] PDF
Date Location Action
06/03/2024 Governor Governor Signed
05/29/2024 Governor Sent to the Governor
05/29/2024 Senate Signed by the President of the Senate
05/29/2024 House Signed by the Speaker of the House
05/06/2024 Senate Senate Third Reading Passed - No Amendments
05/04/2024 Senate Senate Second Reading Special Order - Passed - No Amendments
05/04/2024 Senate Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
05/03/2024 Senate Senate Committee on Finance Refer Unamended to Appropriations
05/01/2024 Senate Introduced In Senate - Assigned to Finance
05/01/2024 House House Third Reading Passed - No Amendments
04/30/2024 House House Second Reading Special Order - Passed with Amendments - Floor
04/30/2024 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
03/04/2024 House House Committee on Finance Refer Unamended to Appropriations
02/12/2024 House Introduced In House - Assigned to Finance
Effective Date Chapter # Title Documents
06/03/2024 366 AmeriCorps Education Award Tax Subtraction PDF