H.R. 5415 · 114th Congress
Helping Employers Lessen Payments for Students Act of 2016
- Stage
- In committee
- Sponsor
- Elise Stefanik
- Introduced
- 2016-06-09
- Latest action
- 2016-06-09 · Introduced in 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.