[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 2070 Introduced in Senate (IS)]

103d CONGRESS
  2d Session
                                S. 2070

      To amend the Internal Revenue Code of 1986 to increase the 
deductibility of business meal expenses for individuals who are subject 
                    to Federal hours of limitation.


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                   IN THE SENATE OF THE UNITED STATES

                  May 4 (legislative day, May 2), 1994

   Mr. Kohl 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 increase the 
deductibility of business meal expenses for individuals who are subject 
                    to Federal hours of limitation.

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

SECTION 1. INCREASED DEDUCTIBILITY OF BUSINESS MEAL EXPENSES FOR 
              INDIVIDUALS SUBJECT TO FEDERAL HOURS OF SERVICE.

    (a) In General.--Section 274(n) of the Internal Revenue Code of 
1986 (relating to only 50 percent of meal and entertainment expenses 
allowed as deduction) is amended by adding at the end the following new 
paragraph:
            ``(3) Special rule for individuals subject to federal hours 
        of service.--In the case of any expenses for food or beverages 
        consumed by an individual during, or incident to, the period of 
        duty subject to the hours of service limitations of the 
        Department of Transportation, paragraph (1) shall be applied by 
        substituting `80 percent' for `50 percent'.''
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to taxable years beginning after December 31, 1994.

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