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Student Loan Repayment Assistance Act of 2019

USA116th CongressHR-655| House 
| Updated: 3/1/2019
Julia Brownley

Julia Brownley

Democratic Representative

California

Cosponsors (14)
Karen Bass (Democratic)Sheila Jackson Lee (Democratic)Bill Foster (Democratic)Juan Vargas (Democratic)Steve Cohen (Democratic)Ann M. Kuster (Democratic)André Carson (Democratic)Harley Rouda (Democratic)Elaine G. Luria (Democratic)Eleanor Holmes Norton (Democratic)Sharice Davids (Democratic)Jerry McNerney (Democratic)Bennie G. Thompson (Democratic)Alcee L. Hastings (Democratic)

Ways and Means Committee, Work and Welfare Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jan 17, 2019
Introduced in House
Jan 17, 2019
Referred to the House Committee on Ways and Means.
Jan 28, 2019
Sponsor introductory remarks on measure. (CR H1234)
Mar 1, 2019
Referred to the Subcommittee on Worker and Family Support.
  • January 17, 2019
    Introduced in House
  • January 17, 2019
    Referred to the House Committee on Ways and Means.
  • January 28, 2019
    Sponsor introductory remarks on measure. (CR H1234)
  • March 1, 2019
    Referred to the Subcommittee on Worker and Family Support.

Taxation

Employee benefits and pensionsIncome tax creditsSmall businessStudent aid and college costs

Student Loan Repayment Assistance Act of 2019

USA116th CongressHR-655| House 
| Updated: 3/1/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 17, 2019
Introduced in House
Jan 17, 2019
Referred to the House Committee on Ways and Means.
Jan 28, 2019
Sponsor introductory remarks on measure. (CR H1234)
Mar 1, 2019
Referred to the Subcommittee on Worker and Family Support.
  • January 17, 2019
    Introduced in House
  • January 17, 2019
    Referred to the House Committee on Ways and Means.
  • January 28, 2019
    Sponsor introductory remarks on measure. (CR H1234)
  • March 1, 2019
    Referred to the Subcommittee on Worker and Family Support.
Julia Brownley

Julia Brownley

Democratic Representative

California

Cosponsors (14)
Karen Bass (Democratic)Sheila Jackson Lee (Democratic)Bill Foster (Democratic)Juan Vargas (Democratic)Steve Cohen (Democratic)Ann M. Kuster (Democratic)André Carson (Democratic)Harley Rouda (Democratic)Elaine G. Luria (Democratic)Eleanor Holmes Norton (Democratic)Sharice Davids (Democratic)Jerry McNerney (Democratic)Bennie G. Thompson (Democratic)Alcee L. Hastings (Democratic)

Ways and Means Committee, Work and Welfare Subcommittee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsIncome tax creditsSmall businessStudent aid and college costs