3.0.0 1802 2023-01-11T13:50:03Z 2023-01-11T13:50:03Z Senate S 2021-05-25 117 ssfi00 Finance Committee Senate Standing Referred to 2021-05-25T17:53:08Z Upskilling and Retraining Assistance Act 117 4411 HR 2021-07-13 Referred to the House Committee on Ways and Means. Identical bill CRS 2021-05-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-05-25 Introduced in Senate IntroReferral 10000 9 Library of Congress H001076 Sen. Hassan, Margaret Wood [D-NH] Maggie Hassan D NH N Y000064 Sen. Young, Todd [R-IN] Todd Young R IN C. 2021-05-25 True C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2021-05-25 True S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2021-05-25 True Taxation Computers and information technology Educational technology and distance education Employee benefits and pensions Employment and training programs Income tax exclusion Internet and video services Internet, web applications, social media Licensing and registrations Student aid and college costs Vocational and technical education Taxation 00 2021-05-25 Introduced in Senate 2021-07-07T14:31:03Z 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).

]]> Upskilling and Retraining Assistance Act Display Title Upskilling and Retraining Assistance Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to expand and modify employer educational assistance programs, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced Upskilling and Retraining Assistance Act Introduced in Senate IS Introduced in Senate 2021-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s1802is/xml/BILLS-117s1802is.xml 2021-05-25 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.