A bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans.
USA115th CongressS-796| Senate
| Updated: 3/30/2017
Mark R. Warner
Democratic Senator
Virginia
Cosponsors (24)
Margaret Wood Hassan (Democratic)Tom Udall (Democratic)Edward J. Markey (Democratic)Kirsten E. Gillibrand (Democratic)Orrin G. Hatch (Republican)Todd Young (Republican)Angus S. King (Independent)Amy Klobuchar (Democratic)Doug Jones (Democratic)Roy Blunt (Republican)Robert P. Casey (Democratic)John Thune (Republican)Mike Rounds (Republican)Christopher Murphy (Democratic)Jon Tester (Democratic)Bill Nelson (Democratic)Martin Heinrich (Democratic)Pat Roberts (Republican)Cory A. Booker (Democratic)Susan M. Collins (Republican)Steve Daines (Republican)John Hoeven (Republican)Richard Blumenthal (Democratic)Shelley Moore Capito (Republican)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Employer Participation in Repayment Act of 2017 This bill amends the Internal Revenue Code to expand the tax exclusion for employer-provided educational assistance to include an employer's payments to an employee or lender for the principal or interest on any qualified education loan incurred by an employee.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Employee benefits and pensionsIncome tax exclusionInterest, dividends, interest ratesStudent aid and college costs
A bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans.
USA115th CongressS-796| Senate
| Updated: 3/30/2017
Employer Participation in Repayment Act of 2017 This bill amends the Internal Revenue Code to expand the tax exclusion for employer-provided educational assistance to include an employer's payments to an employee or lender for the principal or interest on any qualified education loan incurred by an employee.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Mark R. Warner
Democratic Senator
Virginia
Cosponsors (24)
Margaret Wood Hassan (Democratic)Tom Udall (Democratic)Edward J. Markey (Democratic)Kirsten E. Gillibrand (Democratic)Orrin G. Hatch (Republican)Todd Young (Republican)Angus S. King (Independent)Amy Klobuchar (Democratic)Doug Jones (Democratic)Roy Blunt (Republican)Robert P. Casey (Democratic)John Thune (Republican)Mike Rounds (Republican)Christopher Murphy (Democratic)Jon Tester (Democratic)Bill Nelson (Democratic)Martin Heinrich (Democratic)Pat Roberts (Republican)Cory A. Booker (Democratic)Susan M. Collins (Republican)Steve Daines (Republican)John Hoeven (Republican)Richard Blumenthal (Democratic)Shelley Moore Capito (Republican)
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Employee benefits and pensionsIncome tax exclusionInterest, dividends, interest ratesStudent aid and college costs