Summary: S.2347 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.2347. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (07/31/2019)

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