[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 1591 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                S. 1591

To amend the Internal Revenue Code of 1986 to repeal the limitation on 
   the amount of business meal and entertainment expenses which are 
                              deductible.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

             October 27 (legislative day, October 13), 1993

Mr. Durenberger  (for himself, Mr. Inouye and Mr. Hatch) introduced the 
 following bill; which was read twice and referred to the Committee on 
                                Finance

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to repeal the limitation on 
   the amount of business meal and entertainment expenses which are 
                              deductible.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, 

SECTION 1. REPEAL OF LIMITATION ON DEDUCTION FOR BUSINESS MEAL AND 
              ENTERTAINMENT EXPENSES.

    (a) In General.--Section 274 of the Internal Revenue Code of 1986 
is amended by striking subsection (n) (relating to the limitation of 
the amount of meal and entertainment expenses allowed as deductions) 
and by redesignating subsection (o) as subsection (n).
    (b) Conforming Amendments.--
            (1) Each of the following provisions of the Internal 
        Revenue Code of 1986 are amended by striking ``(determined 
        without regard to section 274(n))'':
                    (A) Section 3121(a)(11).
                    (B) Section 3306(b)(9).
                    (C) Section 3401(a)(15).
            (2) Section 209(k) of the Social Security Act is amended by 
        striking ``(determined without regard to section 274(n) of such 
        Code)''.
    (c) Effective Date.--The amendments made by this section shall 
apply to expenses paid or incurred after the date of the enactment of 
this Act in taxable years ending after such date.

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