US SB460 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 12 2019 - 25% progression, died in committee
Action: 2019-02-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2019 - 25% progression, died in committee
Action: 2019-02-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Expands the tax exclusion for employer-provided educational assistance to include payments of qualified education loans by an employer to either an employee or a lender.
Title
Employer Participation in Repayment Act of 2019
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-12 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB1043 (Related) 2019-02-07 - Referred to the House Committee on Ways and Means.
HB748 (Related) 2020-07-23 - Committee on Small Business and Entrepreneurship. Hearings held.
HB748 (Related) 2020-07-23 - Committee on Small Business and Entrepreneurship. Hearings held.
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/116th-congress/senate-bill/460/all-info |
| Text | https://www.congress.gov/116/bills/s460/BILLS-116s460is.pdf |
