The other 43 percent were new to their residences. and over 65.000 of the residents of my district had come from other States or from abroad during those 5 years. This national migration is not the result of chance. but is closely related to employment and labor mobility. The Department of Labor reports that fully onehalf of all these migrants moved for workrelated purposesto take new positions. to seek work. or to transfer jobs. Under the present Internal Revenue Code. as interpreted by recent court decisions. reimbursement of an employee by a firm for moving expenses other than for actual transportation costs and sustenance while en route. results in the realization of taxable income by an employee. The Inequity of taxing an employee on reimbursement for outofpocket expenses is evident. These are legitimate outlays by employers for moves which benefit them. yet we presently regard such reimbursements as net taxable income. When one realizes that up to 38 percent of all migrants could fall under the provisions of this ruling. the need for corrective measures becomes apparent. It is for these reasons that I am today introducing legislation which. when enacted. would exclude from income those reimbursements by employers of reasonable employee transportation and moving expenses. including the moving of personal effects and household goods. storage costs when the move Is of indefinite duration. and family travel expenses from the old to the new residence. It would also cover reimbursement for a househunting trip at the new location. for meals and lodging at the new place of residence while occupying temporary quarters for a limited time. and for expenses incurred in disposing of the old residence. or canceling a lease. together with the expenses of acquiring a new residence.
Keywords matched
migrants