S. 3595 · 115th Congress

Student Loan Repayment Acceleration Act

Stage
In committee
Introduced
2018-10-11
Latest action
2018-10-11 · Introduced in Senate

Summary

Student Loan Repayment Acceleration Act

This bill amends the Internal Revenue Code to exclude from the gross income of an employee up to $10,000 per year in student loan payments made by an employer. The loan payments are also exempt from certain payroll taxes.