S.1802 - Upskilling and Retraining Assistance Act117th Congress (2021-2022) |
|Sponsor:||Sen. Hassan, Margaret Wood [D-NH] (Introduced 05/25/2021)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 05/25/2021 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.1802 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in Senate (05/25/2021)
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).