A bill to amend the Internal Revenue Code of 1954 to correct a technical problem affecting the tax treatment of employees under nondiscriminatory employees choice compensation plans.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to require that the gross income of any individual covered by a nondiscriminatory employee choice compensation plan be determined only after giving effect to any election by such individual as to the allocation of employer contributions among cash compensation, taxable benefits, and nontaxable benefits provided under such plan.…