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H.R. 4411

Upskilling and Retraining Assistance Act

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).

Referred to the House Committee on Ways and Means.

Rep. Davis, Danny K. [D-IL-7](D-IL)Sponsor
5 cosponsors3 D2 R
5cosponsors1committees3actions1related bills10subjects
  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

Upskilling and Retraining Assistance Act — Informed