Bill117th CongressFiled May 25, 2021Taxation
S. 1802
Upskilling and Retraining Assistance Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (May 25, 2021)
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 just happenedMay 25, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Hassan, Margaret Wood [D-NH](D-NH)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees2actions1related bills10subjects
- Introduced in SenateMay 25, 2021
- May 25, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - May 25, 2021IntroReferral10000
Introduced in Senate