US HB655 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 15-0)
Status: Introduced on January 17 2019 - 25% progression, died in committee
Action: 2019-03-01 - Referred to the Subcommittee on Worker and Family Support.
Pending: House Subcommittee on Worker and Family Support Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Student Loan Repayment Assistance Act of 2019

Sponsors


History

DateChamberAction
2019-03-01HouseReferred to the Subcommittee on Worker and Family Support.
2019-01-28HouseSponsor introductory remarks on measure. (CR H1234)
2019-01-17HouseReferred to the House Committee on Ways and Means.
2019-01-17HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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