A bill to amend the Internal Revenue Code of 1954 to provide an exclusion for income earned abroad attributable to certain missionary services.

Amends the Internal Revenue Code to provide a tax exclusion from personal income earned abroad by an individual performing qualified missionary services for a tax-exempt employer created or organized in the United States. Limits such exclusion to an amount not to exceed a figure computed on a daily basis at an annual rate of $20,000. Sets a formula for the maximum amount of exclusion for an individual performing missionary services and other services while residing in a camp located in a hardship area.