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United States · Bill · HR

H.R. 655 (116th)

Student Loan Repayment Assistance Act of 2019

referredUnited States· United States Congress· EN

Introduced

17 January 2019

Last action

Status

Referred to the Subcommittee on Worker and Family Support.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Student Loan Repayment Assistance Act of 2019 This bill 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.

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Documents

3 official files

Introduced in House (text)

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