US HB4363 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 11 2016 - 25% progression, died in committee
Action: 2016-01-11 - 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 11 2016 - 25% progression, died in committee
Action: 2016-01-11 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Student Tax Affordability and Relief Act This bill amends the Internal Revenue Code to exclude from an employee's gross income, for income tax purposes, qualified student loan payment assistance provided by an employer. This assistance includes the payment of principal or interest, up to $10,000 in a taxable year, on student loan indebtedness incurred by an employee for higher education expenses.
Title
Student Tax Affordability and Relief Act
Sponsors
Rep. Austin Scott [R-GA] | Rep. Elise Stefanik [R-NY] |
History
Date | Chamber | Action |
---|---|---|
2016-01-11 | House | Referred to the House Committee on Ways and Means. |
2016-01-11 | House | Introduced in House |
Subjects
Employee benefits and pensions
Higher education
Income tax exclusion
Student aid and college costs
Taxation
Higher education
Income tax exclusion
Student aid and college costs
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/4363/all-info |
Text | https://www.congress.gov/114/bills/hr4363/BILLS-114hr4363ih.pdf |