,,ii  #aafth ,,congress  #ast ,session  
,s4 #dfj  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,february #ab1      
#bjai,mr4 ,warner 7for himself1 ,mr4    
,thune1 ,mr4 ,king1 ,mrs4 ,capito1 ,mr4 
,markey1 ,mr4 ,roberts1 ,mr4 ,murphy1   
,mr4 ,hoeven1 ,mr4 ,jones1 ,mr4 ,rounds1
 ,mr4 ,blumenthal1 ,ms4 ,collins1 ,mr4  
,tester1 ,mr4 ,blunt1 ,ms4 ,hassan1 ,mr4
 ,young1 ,ms4 ,rosen1 ,mr4 ,gardner1 and
 ,ms4 ,sinema7 introduced the following 
bill2 which was read twice and referred 
to the ,committee on ,finance  ,a ,,bill
  ,to amend the ,internal ,revenue ,code
 of #aihf to extend the exclusion for   
employer-provided education assistance  
to employer payments of student loans4  
#a4 ,short title ,this ,act may be cited
 as the ,employer ,participation in     
,repayment ,act of #bjai4  #b4          
,exclusion for certain employer payments
 of student loans  7a7 ,in general      
,paragraph 7#a7 of section #abg7;c7 of  
the ,internal ,revenue ,code of #aihf is
 amended by striking and at the end of  

subparagraph 7,a71 by redesignating     
subparagraph 7,b7 as subparagraph 7,c71 
and by inserting after subparagraph 7,a7
 the following new subparagraph3  7,b7  
the payment by an employer1 whether paid
 to the employee or to a lender1 of     
principal or interest on any qualified  
education loan 7as defined in section   
#bba7;d77#a77 incurred by the employee1 
and  4  7b7 ,conforming amendment2      
denial of double benefit ,paragraph 7#a7
 of section #bba7;e7 of the ,internal   
,revenue ,code of #aihf is amended by   
inserting before the period the         
following3 1 or for which an exclusion  
is allowable under section #abg to the  
taxpayer's employer by reason of the    
payment by such employer of any         
indebtedness on a qualified education   
loan of the taxpayer4  7c7 ,effective   
date ,the amendments made by this       
section shall apply to payments made    
after ,december #ca1 #bjai4