H.R.1388 - Edward M. Kennedy Serve America Act
The Edward M. Kennedy Serve America Act (formally the Generations Invigorating Volunteerism and Education (GIVE) Act) authorizes a dramatic funding increase for AmeriCorps and other volunteer programs, and the creation of new programs for seniors and veterans. It establishes a goal of expanding from 75,000 government-supported volunteers to 250,000, and would increase education funding and establish a summer volunteer program for students, paying $500 (which would be applied to college costs) to high-school and middle-school student who participate.

President Barack Obama signed the legislation on April 21, 2009. While it authorizes $5.7 billion over six years, Congress must still approve the funding as part of the budget.