102°F
weather icon Clear

Cortez Masto, Flake propose bill for education aid tax break

WASHINGTON — One day after his bombshell announcement that he is leaving the Senate, Arizona Republican Jeff Flake is teaming up with Democrat Sen. Catherine Cortez Masto of Nevada on legislation to aid students who receive educational benefits from their employers.

Cortez Masto and Flake were filing the Upward Mobility Enhancement Act on Wednesday.

The bill would eliminate a tax penalty paid by students who receive benefits from employers to help cover costs of higher education. Its sponsors say the bill would provide an incentive to instead invest and retain a more-skilled workforce.

Cortez Masto said the tax code needs to be updated to help families achieve educational goals to provide a better life for themselves and their families.

“Education costs have increased by nearly 700 percent over the past 40 years, but our tax code has not been updated to reflect this change,” Cortez Masto said.

The bipartisan bill is endorsed by Thom Reilly, chancellor of the Nevada System of Higher Education, who said it would reduce student debt and promote student success.

“College affordability is one of the biggest barriers for college participation among Nevada’s students,” Reilly said.

Some businesses have implemented tuition assistance benefits programs. The Starbucks College Achievement Plan currently covers costs of tuition at Arizona State University’s online bachelor degree program for eligible employees.

Kathleen Coulombe, a senior adviser at the Government Relations for the Society for Human Resource Management, said the bill provides employers a chance to provide assistance at a rate that keeps up with current costs for education. She applauded the effort as one would help the United States economically competitive on a global scale.

Flake announced Tuesday that he would not seek re-election in 2018, citing the toxic political discourse coming from the executive branch.

Contact Gary Martin at gmartin@reviewjournal.com or 202-662-7390. Follow @garymartindc on Twitter.

Don't miss the big stories. Like us on Facebook.
Politics Videos
Media's Double Standard On Incitement And Trump - Video
Over the weekend, an Elizabeth Warren-supporting socialist who opposed gun violence used a rifle to commit a mass murder in Dayton, Ohio. The media has downplayed that aspect of the tragedy.
Project Our Care Tour Kicks Off In Las Vegas
U.S. Rep. Dina Titus joined health care advocates and local residents as part of Protect Our Care’s nationwide bus tour kick off in Las Vegas on Monday, August 5, 2019. (Mat Luschek / Review-Journal)
Bernie Sanders talks about guns, response to El Paso shooting
Sen. Bernie Sanders spoke about his response and continued policy ideas about guns and gun control to the Review-Journal after a panel of other topics. (Rachel Aston/Las Vegas Review-Journal)
Pete Buttigieg On Gun Control And Climate Change - Video
Pete Buttigieg talks about his campaign for the 2020 election and how Nevada is a vision of what the future can be.
Beto O'Rourke speaks in Las Vegas
Presidential candidate Beto O'Rourke spoke to supporters at the East Las Vegas Community Center in Las Vegas, Thursday, Aug. 2, 2019. (Las Vegas Review-Journal)
Former Nevada Senate leader Kelvin Atkinson sentenced to prison
Former Nevada Senate Majority Leader Kelvin Atkinson, who pleaded guilty to misusing campaign funds, was sentenced to 27 months in prison on Thursday, July 18, 2019. (Mat Luschek/Las Vegas Review-Journal)
Trumps Strength is also a Weakness - Video
One of Donald Trump’s greatest strengths — his ability to shape national narratives — is also a great weakness.
Tax the Rich Bus Tour makes a stop in Las Vegas - Video
The Tax the Rich Bus has stopped in Las Vegas as part of its summer tour. (Las Vegas Review-Journal)
Assemblywoman Daniele Monroe-Moreno hosts BBQ - Video
Assembly Woman Daniele Monroe-Moreno hosts BBQ to bring the community together to hear about the candidates up for election and for people to gather and have fun.
Democrat Virtual Caucus - Video
Elizabeth Warren visits Las Vegas
Senator Elizabeth Warren made a campaign stop at the East Las Vegas Community Center on Tuesday July 2, 2019. (Mat Luschek / Review-Journal)
Aaron Ford Speaks About Bill AB431
AB431 is a bill sponsored by Nevada Assembly Speaker Jason Frierson to restore the right to vote for formerly incarcerated individuals. Attorney General Aaron Ford spoke at the AM&E Church in North Las Vegas about the bill, on Monday, July 1, 2019. (Mat Luschek/Las Vegas Review-Journal)
The Right Take: Biden's Racially Questionable Comments
Joe Biden has uttered racially charged statements for years. Now that he’s the frontrunner for the Democrat presidential nomination, he may finally face prolonged scrutiny for them.
Christopher Rufo Discusses Homelessness In The USA - VIDEO
Christopher Rufo discusses homelessness in the United States and how politicians can work to improve conditions for those with drug addictions.
Clark County 2019 Election Results - Video
The 2019 Elections wrap up in Clark County including an upset in the Boulder City Mayor race.
Olivia Diaz talks about her win in Ward 3 - VIDEO
Las Vegas City Councilwoman-elect Olivia Diaz talks about her election win in Ward 3 and what lies ahead for her.
Greene discusses Read by 3 and Opportunity Scholarships - VIDEO
The Nevada Legislative Session is over and the results are mixed for Nevada students, according to Tom Greene, Senior regional legislative director, Excel in Ed in Action.
Bernie Sanders visits Las Vegas
Sen. Bernie Sanders made a stop at Roy W. Martin middle school on Thursday, during his campaign trail.
THE LATEST
Putin orders Russia military response to US missile test

President Vladimir Putin ordered the Russian military on Friday to work out a quid pro quo response after the test of a new U.S. missile banned under a now-defunct arms treaty.

China deepens trade war with hike on $75B of US products

China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s planned increase, deepening a trade war.

Justice Dept. says it sent anti-Semitic post to immigration judges

Assistant Press Secretary Kathryn Mattingly said the daily morning news briefings are compiled by a contractor and the blog post should not have been included.