HR 1692
100th Congress
House
Taxation
Cost of living adjustments
Economics and Public Finance
Education
Employee benefit plans
Higher education
Income tax
Inflation
Labor and Employment
Student aid
Tax exclusion
Employee Educational Assistance Act of 1987
Introduced: March 18, 1987
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 10, 1988
Provisions of Measure Incorporated Into H.R.4333.
Mar 18, 1987
Referred to House Committee on Ways and Means.
Mar 18, 1987
Introduced in House
Plain-English summary
Employee Educational Assistance Act of 1987 - Amends the Internal Revenue Code to make permanent the income tax exclusion for employee educational assistance programs. (Present law terminates such exclusion as of December 31, 1987.)
Requires, for every taxable year beginning after 1988, an annual cost of living adjustment of the maximum excludable amount.
Waives the maximum excludable amount for any educational assistance furnished by certain educational institutions to graduate students engaged in teaching or research activities for such organization.
What's happening now
Provisions of Measure Incorporated Into H.R.4333.
Committees of jurisdiction
1