Officially: “Employer Participation in Repayment Act” Read the full text
Taxation
What it does
The bill would make permanent the tax exclusion for employer payments toward an employee's student loans made through educational assistance programs. Current law only excludes these payments from taxable income if made before January 1, 2026; the bill removes that end date, so the exclusion would continue after that date. It would apply to payments made after the bill becomes law.
Written by AI from the complete official bill text and independently fact-checked against it. Not legal advice.
Read it in plain language
AI plain language2 sections
Written by AI from the complete official bill text and independently fact-checked against it. Not legal advice.
1Short title
This section would allow this Act to be called the "Employer Participation in Repayment Act."
Show official text
Official text, verbatim from the record
1. Short title
This Act may be cited as the Employer Participation in Repayment Act .
2Exclusion for certain employer payments of student loans under educational assistance programs made permanent
This section would remove the date limit on the exclusion for employer payments of student loans made under educational assistance programs, by striking the phrase "in the case of payments made before January 1, 2026," from section 127(c)(1)(B) of the Internal Revenue Code of 1986. As a result, the exclusion would no longer expire; it would apply permanently instead of only to payments made before January 1, 2026. This change would apply to payments made after the date this Act is enacted.
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Official text, verbatim from the record
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.
The on-site text is shown verbatim from the GovInfo publication, captured 2026-07-12. The same version at GovInfo.
The numbers
2%
of bills introduced became law in the 118th Congress, 2023 to 2024 (n=16,213)
7
sponsors, out of 218 needed to pass
Who is lobbying on this
SOCIETY FOR HUMAN RESOURCE MANAGEMENTvia SOCIETY FOR HUMAN RESOURCE MANAGEMENT
6 filings
NATIONAL ASSOCIATION OF REALTORSvia NATIONAL ASSOCIATION OF REALTORS
5 filings
CHAMBER OF COMMERCE OF THE U.S.A.via CHAMBER OF COMMERCE OF THE U.S.A.
4 filings
THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCESvia ULMAN PUBLIC POLICY & FEDERAL RELATIONS
3 filings
FMR LLCvia FMR LLC
2 filings
From 20 filings in federal lobbying disclosures (LDA), via lda.gov, naming this bill (2025 to 2026). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.
Every fact on this page links to its source, starting with the official bill record. Last action: Referred to the House Committee on Ways and Means. (2025-03-03).