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Increased Tax Benefits for Employee Education and Training

This act raises the tax-exempt amount for employer-provided educational assistance, allowing employees to receive more financial support for their education and training without it being taxed. It also broadens the types of expenses covered to include essential tools and technology needed for learning. This aims to encourage skill development and career advancement.
Key points
Increases the tax exclusion for employer educational assistance from $5,250 to $12,000 annually, effective until the end of 2022.
Expands the definition of covered educational expenses to include education-related tools and technology, such as computers, software, internet access, hand tools, and licensing fees.
Employees are allowed to retain education-related tools and technology provided through the program, supporting their ongoing professional development.
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Expired
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Additional Information
Print number: 117_S_1802
Sponsor: Sen. Hassan, Margaret Wood [D-NH]
Process start date: 2021-05-25
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Upskilling and Retraining Assistance Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1802.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-05-25.

What are the main provisions?

Key points include:

  • Increases the tax exclusion for employer educational assistance from $5,250 to $12,000 annually, effective until the end of 2022.
  • Expands the definition of covered educational expenses to include education-related tools and technology, such as computers, software, internet access, hand tools, and licensing fees.
  • Employees are allowed to retain education-related tools and technology provided through the program, supporting their ongoing professional development.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Hassan, Margaret Wood [D-NH].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Labor Education