# 114-hr-5382: Student Loan Employment Benefits Act of 2016

114-hr-5382, Student Loan Employment Benefits Act of 2016, is a 114th Congress bill sponsored by STEVE ISRAEL (D-NY); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5382
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5382
- Congress: 114
- Title: Student Loan Employment Benefits Act of 2016
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2016-06-03
- Sponsor: STEVE ISRAEL (D-NY)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Student Loan Employment Benefits Act of 2016 This bill amends the Internal Revenue Code to exclude from the gross income of an employee up to $5000 per year of the amounts paid by an employer under a student loan payment assistance program. The student loan payment assistance program must be a separate written plan of an employer to provide employees with student loan payment assistance which meets specified requirements. The bill defines "student loan payment assistance" as the payment of principal or interest on any indebtedness incurred by an employee solely to pay qualified higher education expenses which are paid or incurred within a reasonable time before or after such indebtedness was incurred and are attributable to education furnished during a period in which such employee was a student eligible for federal financial assistance. "Student loan payment assistance" also includes the payment of principal or interest on debt used to refinance the debt described above.

## Related bills

- 114-hr-6421: Anti-Semitism Awareness Act of 2016
- 114-hr-6398: To amend the Small Business Act to provide for the inclusion of unmarried women in the criteria for awarding a grant to a women's business center.
- 114-hr-6332: National Hate Crimes Hotline Act of 2016
- 114-hr-6259: Protecting Our Kids' Medicine Act of 2016
- 114-hr-6231: Making College More Affordable Act
- 114-hr-6208: Combating European Anti-Semitism Act of 2016

## Sources
- [114-hr-5382 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5382)

## Related
- [114-hr-6421: Anti-Semitism Awareness Act of 2016](https://policyrisk.com/legislation/114-hr-6421)
- [114-hr-6398: To amend the Small Business Act to provide for the inclusion of unmarried women…](https://policyrisk.com/legislation/114-hr-6398)
- [114-hr-6332: National Hate Crimes Hotline Act of 2016](https://policyrisk.com/legislation/114-hr-6332)
- [114-hr-6259: Protecting Our Kids' Medicine Act of 2016](https://policyrisk.com/legislation/114-hr-6259)
- [114-hr-6231: Making College More Affordable Act](https://policyrisk.com/legislation/114-hr-6231)
- [114-hr-6208: Combating European Anti-Semitism Act of 2016](https://policyrisk.com/legislation/114-hr-6208)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5382 (as of 2025-11-18).