HR 4363 · 114th Congress · Taxation
Student Tax Affordability and Relief Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2016-01-11)
Plain Language Summary
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Student Tax Affordability and Relief Act This bill amends the Internal Revenue Code to exclude from an employee's gross income, for income tax purposes, qualified student loan payment assistance provided by an employer. This assistance includes the payment of principal or interest, up to $10,000 in a taxable year, on student loan indebtedness incurred by an employee for higher education expenses. …
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