Bill Sponsor
House Bill 655
116th Congress(2019-2020)
Student Loan Repayment Assistance Act of 2019
Introduced
Introduced
Introduced in House on Jan 17, 2019
Overview
Text
Introduced
Jan 17, 2019
Latest Action
Mar 1, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
655
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
California
Democrat
California
Democrat
California
Democrat
California
Democrat
California
Democrat
District of Columbia
Democrat
Illinois
Democrat
Mississippi
Democrat
New Hampshire
Democrat
Tennessee
Democrat
Virginia
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
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.

Text (1)
January 17, 2019
Actions (4)
03/01/2019
Referred to the Subcommittee on Worker and Family Support.
01/28/2019
Sponsor introductory remarks on measure. (CR H1234)
01/17/2019
Referred to the House Committee on Ways and Means.
01/17/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 2:32:43 PM