Employee Educational Assistance Act of 1999

Employee Educational Assistance Act of 1999 - Amends the Internal Revenue Code to permanently extend the exclusion from gross income of employer-provided educational assistance.

[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1014 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 1014

   To amend the Internal Revenue Code of 1986 to make permanent the 
        exclusion for employer-provided educational assistance.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 4, 1999

 Mr. Pickett introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to make permanent the 
        exclusion for employer-provided educational assistance.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Employee Educational Assistance Act 
of 1999''.

SEC. 2. EMPLOYER-PROVIDED EDUCATIONAL ASSISTANCE.

    (a) In General.--Section 127 of the Internal Revenue Code of 1986 
(relating to educational assistance programs) is amended by striking 
subsection (d) and by redesignating subsection (e) as subsection (d).
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after May 31, 1999.
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