US HB108 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 3 2017 - 25% progression, died in committee
Action: 2017-01-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 3 2017 - 25% progression, died in committee
Action: 2017-01-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Student Loan Repayment Assistance Act of 2017 This bill amends the Internal Revenue Code to allow 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.
Title
Student Loan Repayment Assistance Act of 2017
Sponsors
| Rep. Julia Brownley [D-CA] | Rep. Sheila Jackson-Lee [D-TX] | Rep. Juan Vargas [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-03 | House | Referred to the House Committee on Ways and Means. |
| 2017-01-03 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/108/all-info |
| Text | https://www.congress.gov/115/bills/hr108/BILLS-115hr108ih.pdf |
