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S. 2347

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to exclude employer contributions to student loan repayment from income, and for other purposes.
About This Bill
Committee
Latest Action · July 31, 2019
Read twice and referred to the Committee on Finance.
Congress
116th (2019–2021)
Introduced
July 31, 2019
Cosponsors (0)
None
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Summary

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Student Loan Repayment Acceleration Act This bill amends the Internal Revenue Code to exclude from the gross income of an employee up to $10,000 per year in student loan payments made by an employer. The loan payments are also exempt from certain payroll taxes

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