HR 5415
114th Congress
House
Taxation
Employee benefits and pensions
Income tax exclusion
Interest, dividends, interest rates
Student aid and college costs
HELPS Act
Introduced: June 9, 2016
Introduced by:
Stefanik, Elise M.
Republican
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2016
Referred to the House Committee on Ways and Means.
Jun 9, 2016
Introduced in House
Plain-English summary
Helping Employers Lessen Payments for Students Act of 2016 or the HELPS Act
This bill amends the Internal Revenue Code to exclude from gross income of an employee up to $10,000 per year in education loan payments made by an employer on behalf of the employee.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1