H.R.655: Student Loan Repayment Assistance Act of 2019

About This Bill

Bill Version

Bill Summary

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.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.655.

Bill Actions

Date Description
March 1, 2019
Referred to the Subcommittee on Worker and Family Support.
Jan. 17, 2019
Referred to the House Committee on Ways and Means.
Jan. 17, 2019

Introduced in the House by Julia Brownley (D-Calif.)

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