2 U.S.C. § 610 : US Code - Section 610: Repayment of student loan on behalf of employee

Search 2 U.S.C. § 610 : US Code - Section 610: Repayment of student loan on behalf of employee

(a) Authorization
The Director of the Congressional Budget Office may, in order to
recruit or retain qualified personnel, establish and maintain on
and after November 12, 2001, a program under which the Office may
agree to repay (by direct payments on behalf of the employee) all
or a portion of any student loan previously taken out by such
employee.
(b) Regulations
The Director may, by regulation, make applicable such provisions
of section 5379 of title 5 as the Director determines necessary to
provide for such program.
(c) Maximum amount
The regulations shall provide the amount paid by the Office may
not exceed - 
(1) $6,000 for any employee in any calendar year; or
(2) a total of $40,000 in the case of any employee.
(d) Limitation
The Office may not reimburse an employee for any repayments made
by such employee prior to the Office entering into an agreement
under this section with such employee.
(e) Accounting
Any amount repaid by, or recovered from, an individual under this
section and its implementing regulations shall be credited to the
appropriation account available for salaries and expenses of the
Office at the time of repayment or recovery.
(f) Applicability
This section shall apply to fiscal year 2002 and each fiscal year
thereafter.