Student Loan Repayment Assistance Act of 2019
Official title: To amend the Internal Revenue Code of 1986 to allow a credit for employers providing student loan payment assistance for employees.
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Referred to the Subcommittee on Worker and Family Support.
Student Loan Repayment Assistance Act of 2019
This bill allows a business-related tax credit for an employer's payments for employees under a student loan repayment program. The credit is equal to 10% of the amounts that an employer pays on behalf of any employee under a program and is refundable for certain small businesses and tax-exempt organizations. The payments for an employee may not exceed $500 per month.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 655: Student Loan Repayment Assistance Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-655/
"H.R. 655: Student Loan Repayment Assistance Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-655/.
H.R. 655, 116th Cong. (2026), https://openamerica.io/bill/116-HR-655/.
[H.R. 655: Student Loan Repayment Assistance Act of 2019](https://openamerica.io/bill/116-HR-655/)