House Bill 655
116th Congress(2019-2020)
Student Loan Repayment Assistance Act of 2019
Introduced
Introduced in House on Jan 17, 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.
Julia Brownley
grade
California
California
California
California
California
District of Columbia
Florida
Illinois
Indiana
Kansas
Mississippi
New Hampshire
Tennessee
Texas
Virginia
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.
January 17, 2019
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