BILL · 2015–16 SESSION

SB 6608: Student loan aid B&O credit

Providing employers with a business and occupation tax credit for providing employees with student loan repayment assistance.

Summary

  • Provides a business and occupation tax credit on the amount paid for student loan repayment of principal and interest by an employer directly to a student loan lender on behalf of a qualified employee of the employer. Makes an appropriation.

From the Bill Digest (SB 6608), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 2016
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Marko Liias (D-21)
Introduced
January 29, 2016 in the Senate
Last action
March 10, 2016
Budget
Makes appropriations

AN ACT Relating to providing employers with a business and occupation tax credit for providing employees with student loan repayment assistance;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Higher Education.

SB 6608 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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