Library / Laws / 118th / hr / H.R. 9164 / Introduced in House
I
118th CONGRESS
2d Session
H. R. 9164
IN THE HOUSE OF REPRESENTATIVES
July 25, 2024Ms. Malliotakis (for herself and Mr. Peters) introduced the following bill; which was referred to the Committee on Ways and Means
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.
1.
Short title
This Act may be cited as the Employer Participation in Repayment Act.
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.