The Employer Participation in Repayment Act would make permanent a tax break that allows employers to help their employees pay down student loans tax-free. Currently, employers can contribute up to $5,250 per year toward an employee's student loan repayment without that money counting as taxable income to the employee, but this benefit is set to expire on January 1, 2026. This bill removes that expiration date, allowing the program to continue indefinitely. The legislation would benefit employees struggling with student debt and employers seeking to attract and retain talent, and it would take effect immediately upon enactment with no specific new funding required since it operates through the existing tax code.