Pipeline · Bill → Law
Step 1
Introduced
Nov 14, 2023
Step 2
Referred
Nov 14, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill increaes to $12,000 in 2024-2025, 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).
Timeline · 2 actions
Nov 14, 2023
Introduced in House
Nov 14, 2023
Referred to the House Committee on Ways and Means.