A bill to amend the Internal Revenue Code of 1954 to provide that amounts received under certain tuition remission programs will be exempt from taxation.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income amounts received under tuition-remission programs at institutions of higher education. States that when tuition-remission assistance is furnished to an employee by a person other than the employer, pursuant to a cooperative agreement between such benefactor and the employer, then the determination of whether such assistance is excludable from gross income shall be made as if such assistance were furnished by the employer.…