S 1802
117th Congress
Senate
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: May 25, 2021
Introduced by:
Hassan, Margaret Wood
Democratic
· New Hampshire
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2021
Read twice and referred to the Committee on Finance.
May 25, 2021
Introduced in Senate
Plain-English summary
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1