HR 655 · 116th Congress · Taxation

Student Loan Repayment Assistance Act of 2019

Introduced 2019-01-17· Sponsored by Rep. Brownley, Julia [D-CA-26]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Worker and Family Support.(2019-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

14 Democrats
Rep. Davids, Sharice [D-KS-3]KS
Rep. McNerney, Jerry [D-CA-9]CA
Rep. Kuster, Ann M. [D-NH-2]NH
Rep. Bass, Karen [D-CA-37]CA
Rep. Cohen, Steve [D-TN-9]TN
Rep. Jackson Lee, Sheila [D-TX-18]TX
Rep. Vargas, Juan [D-CA-51]CA
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Rouda, Harley [D-CA-48]CA
Rep. Carson, Andre [D-IN-7]IN
Rep. Foster, Bill [D-IL-11]IL
Rep. Hastings, Alcee L. [D-FL-20]FL
Rep. Luria, Elaine G. [D-VA-2]VA
Rep. Thompson, Bennie G. [D-MS-2]MS