HR 2551 · 115th Congress · Taxation
Student Loan Debt Relief Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2017-05-19)
Plain Language Summary
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Student Loan Debt Relief Act This bill amends the Internal Revenue Code, with respect to the tax treatment of student loan payments, to: (1) expand the tax exclusion for employer-provided educational assistance programs to include an employer's payment of any qualified education loan incurred by an employee; (2) increase the maximum amount that may be excluded from the gross income of an employee under employer-provided educational assistance programs; and (3) increase the maximum deduction and the income limitation for the deduction for interest on education loans.…
Summarized by Claude AI · Non-partisan · For informational purposes only