H.R. 4986 — 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.

Summary

Amends the Internal Revenue Code to restore the business meal expense deduction to 80 percent (currently 50 percent) for individuals subject to the hours of service limitations of the Department of Transportation.

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Legislative Actions

1994-08-18
Introduced in House
1994-08-18
Introduced in House
1994-08-18
Sponsor introductory remarks on measure. (CR H8603)
1994-08-18
Referred to the House Committee on Ways and Means.

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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Summary

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