Student Loan Debt Relief Act
Latest action · May 19, 2017 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 19, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 1
Members who signed on, in the order they did. All signed on May 19, 2017.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-AL | Terri A. Sewell | Original | May 19, 2017 |
Actions 2
Everything that happened, newest first.
- May 19, 2017Introduced in House
- May 19, 2017Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 795 | Employer Participation in Student Loan Assistance Act | Related bill | Feb 1, 2017 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- May 19, 2017Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.