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HR 4411 117th Congress House Taxation Computers and information technology Educational technology and distance education Employee benefits and pensions Employment and training programs Income tax exclusion Internet and video services Internet, web applications, social media Licensing and registrations Student aid and college costs Vocational and technical education

Upskilling and Retraining Assistance Act

Introduced: July 13, 2021 Introduced by: Davis, Danny K. Democratic · Illinois See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 13, 2021
Referred to the House Committee on Ways and Means.
Jul 13, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Upskilling and Retraining Assistance Act

This bill increases to $12,000 in 2021-2022, the exclusion from employee gross income, for income tax purposes, of employer-paid educational assistance programs.

The bill also expands the exclusion to include amounts paid for education-related tools and technology (e.g., hand tools, computers, software, licensure fees).

What's happening now July 13, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1