S. 1802 · 117th Congress
Upskilling and Retraining Assistance Act
- Stage
- In committee
- Sponsor
- Maggie Hassan
- Introduced
- 2021-05-25
- Latest action
- 2021-05-25 · Introduced in Senate
Summary
Upskilling and Retraining Assistance Act
This bill increases to $12,000 in 2021-2022, the exclusion from employee gross income, for income tax purposes, of employer-paid educational assistance programs.
The bill also expands the exclusion to include amounts paid for education-related tools and technology (e.g., hand tools, computers, software, licensure fees).