US HB655 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 15-0)
Status: Introduced on January 17 2019 - 25% progression, died in committee
Action: 2019-03-01 - Referred to the Subcommittee on Worker and Family Support.
Pending: House Subcommittee on Worker and Family Support Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 17 2019 - 25% progression, died in committee
Action: 2019-03-01 - Referred to the Subcommittee on Worker and Family Support.
Pending: House Subcommittee on Worker and Family Support Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Student Loan Repayment Assistance Act of 2019
Sponsors
| Rep. Julia Brownley [D-CA] | Rep. Sharice Davids [D-KS] | Rep. Jerry McNerney [D-CA] | Rep. Ann Kuster [D-NH] |
| Rep. Karen Bass [D-CA] | Rep. Steve Cohen [D-TN] | Rep. Sheila Jackson-Lee [D-TX] | Rep. Juan Vargas [D-CA] |
| Rep. Eleanor Norton [D-DC] | Rep. Harley Rouda [D-CA] | Rep. Andre Carson [D-IN] | Rep. Bill Foster [D-IL] |
| Rep. Alcee Hastings [D-FL] | Rep. Elaine Luria [D-VA] | Rep. Bennie Thompson [D-MS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-01 | House | Referred to the Subcommittee on Worker and Family Support. |
| 2019-01-28 | House | Sponsor introductory remarks on measure. (CR H1234) |
| 2019-01-17 | House | Referred to the House Committee on Ways and Means. |
| 2019-01-17 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/655/all-info |
| Text | https://www.congress.gov/116/bills/hr655/BILLS-116hr655ih.pdf |
