[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 564 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 564

 To amend the Internal Revenue Code of 1986 to increase the amount of 
 the deduction allowed for meal and entertainment expenses associated 
                       with the performing arts.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 13, 2001

 Mr. Abercrombie 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 increase the amount of 
 the deduction allowed for meal and entertainment expenses associated 
                       with the performing arts.

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

SECTION 1. INCREASE IN DEDUCTION FOR MEAL AND ENTERTAINMENT EXPENSES 
              ASSOCIATED WITH THE PERFORMING ARTS.

    (a) In General.--Subsection (n) of section 274 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:
            ``(4) Special rule for performing arts.--
                    ``(A) In general.--In the case of any amount paid 
                or incurred for a ticket to a legitimate attraction of 
                the performing arts, paragraph (1) shall be applied by 
                substituting `80 percent of the first $60 of the face 
                amount of the ticket and 50 percent of the remaining 
                amount' for `50 percent of the amount'.
                    ``(B) Legitimate attraction.--For purposes of 
                subparagraph (A), the term `legitimate attraction' 
                means any stage attraction performed in person by 
                professional actors, dancers, or musicians, including 
                plays, musicals, symphony concerts, stock company 
                performances, and instrumental performances (including 
                jazz, ballet, and operettas). Such term shall not 
                include radio or television performances, vaudeville, 
                burlesque, or any band performance.''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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