S.2429: Employer Participation in Refinancing Act

About This Bill

  • Introduced June 4, 2014
  • Latest Major Action June 4, 2014

Bill Sponsor

Bill Cosponsors

2 (All Republicans)

Bill Summary

Employer Participation in Refinancing Act - Amends the Internal Revenue Code to allow an exclusion from gross income for the payment of an employer, either to an employee or a lender, of any indebtedness of an employee under a qualified education refinance loan or any interest relating to such a loan.  Defines "qualified education refinance loan" as any indebtedness used solely to refinance a qualified education loan with respect to which the...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.2429.

Bill Actions

Date Description
June 4, 2014
Read twice and referred to the Committee on Finance.
June 4, 2014

Introduced in the Senate by Mark Warner (D-Va.)

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