Latest Action
Referred to the House Committee on Ways and Means.
6/9/2016 • House
Summary
Helping Employers Lessen Payments for Students Act of 2016 or the HELPS Act
This bill amends the Internal Revenue Code to exclude from gross income of an employee up to $10,000 per year in education loan payments made by an employer on behalf of the employee.
Introduced in House • 6/9/2016
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Topics & Subjects
Policy Area: Taxation
Employee benefits and pensionsIncome tax exclusionInterest, dividends, interest ratesStudent aid and college costs
Congressional Votes (0)
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Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (3)
Party Breakdown
0
Democrats
3
Republicans
0
Independents
Sponsor
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Cosponsors (2)
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Bill Journey
Originated in the House
Introduced
June 9, 2016
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House6/9/2016