EMPLOYER-PROVIDED EDUCATIONAL ASSISTANCE.

SEC. 11403. EMPLOYER-PROVIDED EDUCATIONAL ASSISTANCE. (a) In General.— Subsection (d) of section 127 (relating to educational assistance programs) is amended by striking “September 30, 1990” and inserting “December 31, 1991”. (b) Repeal of Limitation on Graduate Level Assistance.— Section 127(c)(1) is amended by striking the last sentence. (c) Conforming Amendment.— Subsection (a) of section 7101 of the Revenue Reconciliation Act of 1989 is amended by striking paragraph (2). (d) Effective Dates.— (1) In general.— Except as provided in paragraph (2), the amendments made by this section shall apply to taxable years beginning after December 31, 1989. (2) Subsection (b).— The amendment made by subsection (b) shall apply to taxable years beginning after December 31, 1990.