[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 115 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 115

To amend the Internal Revenue Code of 1986 to clarify the deduction for 
                       business use of the home.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 4, 1995

  Mr. Mfume introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to clarify the deduction for 
                       business use of the home.

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

SECTION 1. CLARIFICATION OF DEDUCTION FOR BUSINESS USE OF THE HOME.

    (a) In General.--Paragraph (1) of section 208A(c) of the Internal 
Revenue Code of 1986 (relating to exceptions for certain business or 
rental use) is amended by adding at the end thereof the following: 
``For purposes of subparagraph (A), in the case of a trade or business 
which would not (but for this sentence) have a principal place of 
business, its principal place of business shall be where substantially 
all of the management activities for such trade or business occur.''
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to taxable years beginning after December 31, 1994.
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