Employer Participation in Repayment Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 772 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 772 To amend the Internal Revenue Code of 1986 to make the exclusion for certain employer payments of student loans under educational assistance programs permanent. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 27, 2025 Mr. Warner (for himself and Mr. Thune) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to make the exclusion for certain employer payments of student loans under educational assistance programs permanent. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Employer Participation in Repayment Act''. SEC. 2. EXCLUSION FOR CERTAIN EMPLOYER PAYMENTS OF STUDENT LOANS UNDER EDUCATIONAL ASSISTANCE PROGRAMS MADE PERMANENT. (a) In General.--Section 127(c)(1)(B) of the Inter…