Employer Participation in Repayment Act

This bill permanently removes an expiration date for tax-free treatment of employer-paid student loan repayments under certain educational assistance programs. It affects employers who offer student loan repayment benefits as part of their employee benefits package and the employees who receive this assistance. The key provision amends the tax code to make the exclusion from taxable income permanent, eliminating the previous deadline of January 1, 2026. This change means employers can continue to provide tax-free student loan repayment help to employees without the benefit expiring.