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.
Helping Employers Lessen Payments for Students Act of 2016 or the HELPS Act
This bill amends the Internal Revenue Code to exclude from gross income of an employee up to $10,000 per year in education loan payments made by an employer on behalf of the employee.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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