Page:United States Statutes at Large Volume 107 Part 1.djvu/500

 107 STAT. 474 PUBLIC LAW 103-66 —AUG. 10, 1993 26 USC 217. (D) Subsection (h) of section 217 is amended by striking paragraph (1) and reidesignating the following paragraphs accordingly. (E) Section 1001 is amended by striking subsection (f). (F) Subsection (e) of section 1016 is amended to read as follows: "(e) CROSS REFERENCE. — Tor treatment of separate mineral interests as one property, see section 614." (b) INCREASE IN MILEAGE REQUIREMENT. — Paragraph (1) of section 217(c) is amended by striking "35 miles" each place it appears and inserting "50 miles". (c) DEDUCTION ALLOWED IN COMPUTING ADJUSTED GROSS INCOME. — (1) IN GENERAL.— Subsection (a) of section 62 (defining adjusted gross income) is amended by inserting after paragraph (14) the following new paragraph: "(15) MOVING EXPENSES.— ^e deduction allowed by section 217. " (2) CONFORMING AMENDMENT.— Subsection (b) of section 67 is amended by striking paragraph (6) and redesignating the following paragraphs accordingly. (d) EXCLUSION OF EMPLOYER REIMBURSEMENT FOR DEDUCTIBLE EXPENSES.— (1) IN GENERAL.—Subsection (a) of section 132 (relating to certain fringe benefits) is amended by striking "or" at the end of paragraph (4), by striking the period at the end of paragraph (5) and inserting ", or^ and by adding at the end thereof the following new paragraph: "(6) qualified moving expense reimbursement." (2) QUALIFIED MOVING EXPENSE REIMBURSEMENT DEFINED.—Section 132 is amended by redesignating subsections (g), (h), (i), (j), (k), and (1), as subsections (h), (i), (j), (k), (I), and (m), respectively, and by inserting after subsection (f) the following new subsection: individual from an employer as a parent for (or a reimbursement of) expenses which would, be deductible as moving expenses under section 217 if directly paid or incurred by the individual. Such term shall not include any payment for (or reimbursement of) an expense actually deducted by the individual in a prior taxable year. " (3) CONFORMING AMENDMENTS.— (A) Section 82 is amended by striking "There shall" and inserting "Except as provided in section 132(a)(6), there shall". (B) Subsection (j) of section 132 (as redesignated by paragraph (2)) is amended by striking "subsection (f)" in paragraph (4)(B)(iii) thereof and inserting "subsection (h)". (C) Subsection (1) of section 132 (as redesignated by paragraph (2)) is amended by striking "subsection (e)" and inserting "subsections (e) and (g)". (D) Section 4977(c) is amended by striking "section 132(g)(2)" and inserting "section 132(i)(2)".
 * (g) QUALIFIED MOVING EXPENSE REIMBURSEMENT. —For purposes of this section, the term 'qualified moving expense reimbursement' means any amount received (directly or indirectly) by an

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