Upskilling and Retraining Assistance Act
This bill increaes to $12,000 in 2024-2025, the exclusion from employee gross income, for income tax purposes, of employer-paid educational assistance programs.
The bill also expands the exclusion to include amounts paid for education-related tools and technology (e.g., hand tools, computers, software, licensure fees).
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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