HR6402-118

Introduced

To amend the Internal Revenue Code of 1986 to increase the exclusion for educational assistance programs and to allow the exclusion with respect to education-related tools and technology.

118th Congress Introduced Nov 14, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to increase the exclusion for educational assistance programs and to allow the exclusion with respect to education-related tools and technology., changes federal law or congressional policy affecting technology companies and users of digital services. The main policy domain is Technology, Labor, Education.

Who Benefits and How

technology companies and users of digital services may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, technology companies and users of digital services may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HF82DC5E257724A658C8512E00A84FB3E: 1. Short title This Act may be cited as the Upward Mobility Enhancement Act.
  • Section H8D3517683B7045AC98E6BCF5F087525B: 2. Increase in exclusion for educational assistance programs Section 127(a)(2) of the Internal Revenue Code of 1986 is amended to read as follows: (2)Maximum...
  • Section H5DECD67043B94F8087C5875FC6295465: 3. Expenses for education-related tools and technology Section 127(c)(1) of the Internal Revenue Code of 1986 is amended by striking equipment both places it...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to increase the exclusion for educational assistance programs and to allow the exclusion with respect to education-related tools and technology., changes federal law or congressional policy affecting technology companies and users of digital services.

Key Policy Areas

Technology, Labor, Education

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to increase the exclusion for educational assistance programs and to allow the exclusion with respect to education-related tools and technology., changes federal law or congressional policy affecting technology companies and users of digital services.

Policy Domains

Technology Labor Education

Whole bill

Identified Gains
  • technology companies and users of digital services
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
technology companies and users of digital services: ,
Identified Costs
  • federal implementing agencies
  • technology companies and users of digital services
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
technology companies and users of digital services: ,

Legislative Progress

Introduced
Introduced Committee Passed
Nov 14, 2023

Mr. Feenstra (for himself and Mr. Davis of Illinois) introduced …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Technology Labor Education
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology