Student Loan Repayment Assistance Act of 2019
United States116th CongressHR-655House of Representatives
Updated: Mar 1, 2019
Summary
Student Loan Repayment Assistance Act of 2019 This bill allows a business-related tax credit for an employer's payments for employees under a student loan repayment program. The credit is equal to 10% of the amounts that an employer pays on behalf of any employee under a program and is refundable for certain small businesses and tax-exempt organizations. The payments for an employee may not exceed $500 per month.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
House of Representatives
Sponsor introductory remarks on measure. (CR H1234)
Referred to the Subcommittee on Worker and Family Support.
House of Representatives
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