A bill to extend for one year the effective date of the provision relating to changes in exclusions from Federal income tax for sick pay.

[AI summary unavailable — showing source text] Amends the Tax Reform Act of 1976, as amended by the Tax Reduction and Simplification Act of 1977, to postpone the effective dates of certain changes in Federal income tax exclusions for sick pay from December 31, 1976, to December 31, 1977, or from January 1, 1977, to January 1, 1978, as the case may be.…