A bill to amend the tax treatment of moving expenses.

Authorizes the exclusion from gross income of a taxpayer any amounts paid by his employer to cover moving expenses which would have been deductible under the pertinent provisions of the Internal Revenue Code but for the fact that such expenses were reimbursed by the taxpayer's employer.

Requires the taxpayer to include reimbursement for non-deductible moving expense in his gross income.

Lengthens the time period for which the costs of meals and lodging may be deducted while occupying temporary quarters pursuant to an employment- related change of residence.