HOUSE 108115th CongressReferred to the House Committee on Education and the Workforce.
Expressing support for designation of the week of February 6, 2017, through February 10, 2017, as "National School Counseling Week".
- Last Action
- 2/7/2017
Actions
- 2017-01-03Referred to the House Committee on Ways and Means.
- 2017-01-03Introduced in House
- 2017-01-03Introduced in House
CRS Summary
As of 2017-01-03 (00)
Student Loan Repayment Assistance Act of 2017
This bill amends the Internal Revenue Code to allow 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.
Cosponsors (2)
- SHEILA JACKSON LEE (D-TX)
- Juan Vargas (D-CA)
Subjects
- Employee benefits and pensions
- Income tax credits
- Small business
- Student aid and college costs
Sourced from Congress.gov (public domain).
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