Congressional Update – Helping Employers Lessen Payments for Students Act of 2016

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The bill below was recently introduced on Capitol Hill and it involves student loans. If you would like to learn more about the bill, please click the link below. But for now, here is a snippet from the bill.

Helping Employers Lessen Payments for Students Act of 2016

H.R. 5415 — Introduced

H. R. 5415 To amend the Internal Revenue Code of 1986 to exclude from gross income student loan payments made by an employer on behalf of an employee. IN THE HOUSE OF REPRESENTATIVES June 9, 2016 Ms. Stefanik (for herself and Mr. Messer) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to exclude from gross income student loan payments made by an employer on behalf of an employee. Be it enacted by the Senate a…

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