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H.R. 5415

HELPS Act

Helping Employers Lessen Payments for Students Act of 2016 or the HELPS Act

This bill amends the Internal Revenue Code to exclude from gross income of an employee up to $10,000 per year in education loan payments made by an employer on behalf of the employee.

Referred to the House Committee on Ways and Means.

Rep. Stefanik, Elise M. [R-NY-21](R-NY)Sponsor
2 cosponsors2 R
2cosponsors1committees3actions2related bills4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

HELPS Act — Informed