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I
116TH CONGRESS
1ST SESSION H. R. 1043
To amend the Internal Revenue Code of 1986 to extend the exclusion for
employer-provided educational assistance to employer payments of quali-
fied education loans.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 7, 2019
Mr. PETERS (for himself, Mr. RODNEY DAVIS of Illinois, Mr. BLUMENAUER,
Ms. STEFANIK, Mrs. MURPHY, Mr. SMITH of Missouri, Ms. MOORE, Mr.
COLE, Mr. BACON, Mr. BARR, Ms. BARRAGA´N, Mrs. BEATTY, Mr. BERA,
Mr. BOST, Mr. BRENDAN F. BOYLE of Pennsylvania, Mrs. BROOKS of
Indiana, Ms. BROWNLEY of California, Mr. BUCSHON, Mrs. BUSTOS, Mr.
CARBAJAL, Mr. CARSON of Indiana, Mr. CARTWRIGHT, Ms. JUDY CHU
of California, Mr. CICILLINE, Mr. COHEN, Mr. CONNOLLY, Mr. COOK,
Mr. CRAWFORD, Ms. DEAN, Ms. DELBENE, Mr. DELGADO, Mr.
DESAULNIER, Mr. FITZPATRICK, Mr. FOSTER, Mr. GALLEGO, Mr.
GARAMENDI, Mr. GOMEZ, Mr. GROTHMAN, Ms. HAALAND, Ms. HILL of
California, Mr. HIMES, Mr. HUDSON, Mr. HURD of Texas, Mr. JOYCE
of Ohio, Mr. KATKO, Mr. KENNEDY, Mr. KHANNA, Mr. KILMER, Mr.
KING of New York, Mr. KINZINGER, Mrs. KIRKPATRICK, Ms. KUSTER of
New Hampshire, Mr. LAHOOD, Mr. LAMB, Mr. LEVIN of California, Mr.
TED LIEU of California, Mr. LOEBSACK, Ms. LOFGREN, Mr. SEAN PAT-
RICK MALONEY of New York, Mr. MARSHALL, Mrs. MCBATH, Mr.
MCEACHIN, Mr. MCGOVERN, Mr. MCKINLEY, Mr. MCNERNEY, Mr.
MITCHELL, Mr. MOULTON, Mrs. NAPOLITANO, Mr. O’HALLERAN, Mr.
PALLONE, Mr. PETERSON, Ms. PINGREE, Mr. QUIGLEY, Miss RICE of
New York, Mr. RIGGLEMAN, Mr. DAVID P. ROE of Tennessee, Mr. ROSE
of New York, Mr. ROUZER, Mr. RUPPERSBERGER, Mr. RYAN, Ms. SCAN-
LON, Mr. SCHRADER, Ms. SEWELL of Alabama, Ms. SLOTKIN, Mr. STAN-
TON, Mr. STIVERS, Mr. SWALWELL of California, Mr. TAKANO, Mr.
TONKO, Mrs. TORRES of California, Mrs. TRAHAN, Mr. TURNER, Mr.
VARGAS, Mr. WELCH, Ms. WILSON of Florida, Mr. WOMACK, Mr. LYNCH,
and Mr. HASTINGS) introduced the following bill; which was referred to
the Committee on Ways and Means
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•HR 1043 IH
A BILL
To amend the Internal Revenue Code of 1986 to extend
the exclusion for employer-provided educational assist-
ance to employer payments of qualified education loans.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Employer Participation
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in Repayment Act of 2019’’.
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SEC. 2. EXCLUSION FOR EMPLOYER PAYMENT OF QUALI-
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FIED EDUCATION LOANS.
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(a) IN GENERAL.—Section 127(c)(1) of the Internal
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Revenue Code of 1986 is amended by striking ‘‘and’’ at
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the end of subparagraph (A), by redesignating subpara-
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graph (B) as subparagraph (C), and by inserting after
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subparagraph (A) the following new subparagraph:
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‘‘(B) the payment by an employer, whether
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paid to the employee or to a lender, of principal
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or interest on any qualified education loan (as
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defined in section 221(d)(1)) incurred by the
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employee, and’’.
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(b)
DENIAL
OF
DOUBLE
BENEFIT.—Section
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221(e)(1) of such Code is amended by inserting before the
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period at the end the following: ‘‘, or for any amount
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•HR 1043 IH
which is excludable from gross income under section
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127(c)(1)(B)’’.
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(c) EFFECTIVE DATE.—The amendments made by
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this section shall apply to payments made by employers
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after December 31, 2019.
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Æ
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