A bill to amend the Internal Revenue Code of 1986 to exclude employer contributions to student loan repayment from income, and for other purposes.
United States115th CongressS-3595Senate
Updated: Oct 11, 2018
Summary
Student Loan Repayment Acceleration Act This bill amends the Internal Revenue Code to exclude from the gross income of an employee up to $10,000 per year in student loan payments made by an employer. The loan payments are also exempt from certain payroll taxes.
Bill texts
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Senate
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