Employer Participation in Repayment Act

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9164 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 9164

 To amend the Internal Revenue Code of 1986 to make the exclusion for 
certain employer payments of student loans under educational assistance 
                          programs permanent.


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                    IN THE HOUSE OF REPRESENTATIVES

                             July 25, 2024

 Ms. Malliotakis (for herself and Mr. Peters) introduced the following 
      bill; which was referred to the Committee on Ways and Means

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to make the exclusion for 
certain employer payments of student loans under educational assistance 
                          programs permanent.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Employer Participation in Repayment 
Act''.

SEC. 2. EXCLUSION FOR CERTAIN EMPLOYER PAYMENTS OF STUDENT LOANS UNDER 
              EDUCATIONAL ASSISTANCE PROGRAMS MADE PERMANENT.

    (a) In General.--Section 127(c)(1)(B) of the Internal Revenue Code 
of 1986 is amended by striking ``in the case of payments made before 
January 1, 2026,''.
    (b) Effective Date.--The amendment made by this section shall apply 
to payments made after the date of the enactment of this Act.
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