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118-hr-6401Committee
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Upskilling and Retraining Assistance Act

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Summary

Official CRS 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).

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