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Legislative Updates

    LEGISLATIVE  UPDATES:

    April, 2019

    Email Your Lawmakers to Co-Sponsor H.R. 1043 and S.460, the Employer Participation in Repayment Act!

    Contact Congress Now!

    Lawmakers introduced H.R. 1043 and S.460, the Employer Participation in Repayment Act. The proposal would expand section 127 of the Internal Revenue Code (IRC) to include student loan repayment. If enacted into law, employers would be able to voluntarily provide student loan repayment as a tax-free benefit up to $5,250 per year, per employee.

    This bipartisan, bicameral legislation was introduced in the House by Representatives Scott Peters (D-CA) and Rodney Davis (R-IL). The Senate companion bill was introduced by Senators Mark Warner (D-VA) and John Thune (R-SD).

    CALL TO ACTION: Please click on the link below to email your lawmakers to urge him/her to co-sponsor H.R. 1043 and S.460, the Employer Participation in Repayment Act.  

    A personal letter from HR professionals will reinforce the importance of student loan repayment as a benefit and will help build additional support for H.R.1043 and S.460. Scroll down to send a letter to your lawmakers to make an impact.