S 2457
114th Congress
Senate
Employer Participation in Repayment Act of 2016
Official title: A bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans.
Taxation
Employee benefits and pensionsIncome tax exclusionInterest, dividends, interest ratesStudent aid and college costs
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 20, 2016
Read twice and referred to the Committee on Finance.
Jan 20, 2016
Introduced in Senate
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Latest action
Read twice and referred to the Committee on Finance.
Plain-English summary
Employer Participation in Repayment Act of 2016
This bill amends the Internal Revenue Code to extend the tax exclusion for employer-provided educational assistance to include payments of qualified education loans paid to either an employee or a lender.
Related & companion bills
2
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
3
Cite this page
U.S. Congress. (2026). S. 2457: Employer Participation in Repayment Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-S-2457/
"S. 2457: Employer Participation in Repayment Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-2457/.
S. 2457, 114th Cong. (2026), https://openamerica.io/bill/114-S-2457/.
[S. 2457: Employer Participation in Repayment Act of 2016](https://openamerica.io/bill/114-S-2457/)