[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 2628 Introduced in Senate (IS)]

  2d Session
                                S. 2628

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


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                   IN THE SENATE OF THE UNITED STATES

             October 12 (legislative day, October 2), 1998

   Mr. Mack introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

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                                 A BILL


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

    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 LIMITATIONS ON HOURS OF 
              SERVICE.

    (a) In General.--Paragraph (3) of 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 to read as 
follows:
            ``(3) Special rule for individuals subject to federal hours 
        of service.--In the case of any expenses for food or beverages 
        consumed while away from home (within the meaning of section 
        162(a)(2)) 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, 1998.
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