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Makes permanent the tax exclusion that lets employers pay or reimburse employee student loan payments tax-free under employer educational assistance programs. The change amends the Internal Revenue Code and applies to payments made after the law is enacted, so employer-paid student loan assistance will no longer be treated as taxable income going forward.
Read twice and referred to the Committee on Finance.
Introduced February 27, 2025 by Mark R. Warner · Last progress February 27, 2025