S. 5069
116th Congress
Senate
Upward Mobility Enhancement Act
Official title: A bill to amend the Internal Revenue Code of 1986 to increase the exclusion for educational assistance programs.
Taxation
Employee benefits and pensionsIncome tax exclusionInflation and pricesStudent aid and college costs
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 18, 2020
Read twice and referred to the Committee on Finance.
Dec 18, 2020
Introduced in Senate
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Latest action
Read twice and referred to the Committee on Finance.
Plain-English summary
Upward Mobility Enhancement Act
This bill increases the maximum amount of the tax exclusion for employer-provided educational assistance.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). S. 5069: Upward Mobility Enhancement Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-5069/
"S. 5069: Upward Mobility Enhancement Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-5069/.
S. 5069, 116th Cong. (2026), https://openamerica.io/bill/116-S-5069/.
[S. 5069: Upward Mobility Enhancement Act](https://openamerica.io/bill/116-S-5069/)