S.1060: A bill to amend the Internal Revenue Code of 1986 to provide that certain postsecondary educational benefits provided by an employer to children of employees shall be excludable from gross income as part of an educational assistance program.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced June 19, 2001
  • Latest Major Action June 19, 2001

Bill Sponsor

Bill Summary

Amends the Internal Revenue Code to provide that certain postsecondary educational benefits (up to $2,000 per year) provided by an employer to children of employees shall be excluded from gross income as part of an educational assistance program.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
June 19, 2001

Introduced in the Senate by Evan Bayh (D-Ind.)

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