US HB5415 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on June 9 2016 - 25% progression, died in committee
Action: 2016-06-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 9 2016 - 25% progression, died in committee
Action: 2016-06-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
HELPS Act Helping Employers Lessen Payments for Students Act of 2016 This bill amends the Internal Revenue Code to exclude from gross income of an employee up to $10,000 per year in education loan payments made by an employer on behalf of the employee.
Title
HELPS Act Helping Employers Lessen Payments for Students Act of 2016
Sponsors
| Rep. Elise Stefanik [R-NY] | Rep. Luke Messer [R-IN] | Sen. Martha McSally [R-AZ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-06-09 | House | Referred to the House Committee on Ways and Means. |
| 2016-06-09 | House | Introduced in House |
Same As/Similar To
HB3861 (Related) 2015-10-29 - Referred to the House Committee on Ways and Means.
SB2457 (Related) 2016-01-20 - Read twice and referred to the Committee on Finance.
SB2457 (Related) 2016-01-20 - Read twice and referred to the Committee on Finance.
Subjects
Employee benefits and pensions
Income tax exclusion
Interest, dividends, interest rates
Student aid and college costs
Taxation
Income tax exclusion
Interest, dividends, interest rates
Student aid and college costs
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/5415/all-info |
| Text | https://www.congress.gov/114/bills/hr5415/BILLS-114hr5415ih.pdf |
