[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 283 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 283

    To amend the Internal Revenue Code of 1986 to deny the business 
 deduction for any amount paid or incurred for regularly scheduled air 
  transportation to the extent such amount exceeds the normal tourist 
                  class fare for such transportation.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 4, 1995

  Mr. Jacobs 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 deny the business 
 deduction for any amount paid or incurred for regularly scheduled air 
  transportation to the extent such amount exceeds the normal tourist 
                  class fare for such transportation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That (a) section 162 of 
the Internal Revenue Code of 1986 (relating to trade or business 
expenses) is amended by redesignating subsection (o) as subsection (p) 
and by inserting after subsection (n) the following new subsection:
    ``(o) Deduction for Regularly Scheduled Air Transportation Limited 
to Normal Tourist Class Fare.--
            ``(1) In general.--No deduction shall be allowed under 
        subsection (a) or under section 212 for any amount paid or 
        incurred for the transportation of any person by air on a 
        regularly scheduled flight to the extent that such amount 
        exceeds the normal tourist class fare for such transportation 
        on such flight.
            ``(2) Normal tourist class fare.--For purposes of paragraph 
        (1), the term `normal tourist class fare' means the lowest fare 
        charged for the transportation of a person by air on a 
        regularly scheduled flight determined without regard to any 
        special fares available to groups or certain persons or under 
        certain special conditions.''.
    (b) The amendments made by subsection (a) shall apply to amounts 
paid or incurred after the date of the enactment of this Act for 
transportation beginning after such date.
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