[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 772 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
                                 S. 772

 To amend the Internal Revenue Code of 1986 to make the exclusion for 
certain employer payments of student loans under educational assistance 
                          programs permanent.


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                   IN THE SENATE OF THE UNITED STATES

                           February 27, 2025

 Mr. Warner (for himself and Mr. Thune) introduced the following bill; 
     which was read twice and referred to the Committee on Finance

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to make the exclusion for 
certain employer payments of student loans under educational assistance 
                          programs permanent.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Employer Participation in Repayment 
Act''.

SEC. 2. EXCLUSION FOR CERTAIN EMPLOYER PAYMENTS OF STUDENT LOANS UNDER 
              EDUCATIONAL ASSISTANCE PROGRAMS MADE PERMANENT.

    (a) In General.--Section 127(c)(1)(B) of the Internal Revenue Code 
of 1986 is amended by striking ``in the case of payments made before 
January 1, 2026,''.
    (b) Effective Date.--The amendment made by this section shall apply 
to payments made after the date of the enactment of this Act.
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