HR 4363
114th Congress
House
Taxation
Employee benefits and pensions
Higher education
Income tax exclusion
Student aid and college costs
Student Tax Affordability and Relief Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 11, 2016
Referred to the House Committee on Ways and Means.
Jan 11, 2016
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1