Bill115th CongressFiled Jan 3, 2017Taxation
H.R. 108
Student Loan Repayment Assistance Act of 2017
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 3, 2017)
Student Loan Repayment Assistance Act of 2017
This bill amends the Internal Revenue Code to allow 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.
What just happenedJan 3, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Brownley, Julia [D-CA-26](D-CA)Sponsor
2 cosponsors2 D
2cosponsors1committees3actions4subjects
- Introduced in HouseJan 3, 2017
- Jan 3, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 3, 2017IntroReferralIntro-H
Introduced in House
- Jan 3, 2017IntroReferral1000
Introduced in House