A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of certain fringe benefits provided to parents of employees.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to include in the income of an employee ten percent of the value of services which are provided to an employee for the use by a parent of such employee if such services would have been no-additional-cost services if provided for use by the employee.…