A bill to amend the Internal Revenue Code of 1954 to provide that the maximum amount of living expenses which are allowable as a trade or business expense deduction for Members of Congress shall be increased to an amount equal to the Federal per diem rate multiplied by the number of days (but not in excess of 180) the Congress is in session.

Amends the Internal Revenue Code to provide that the maximum amount of living expenses which a Member of Congress may claim as an income deduction shall be equal to the Federal per diem rate multiplied by the number of days, but not in excess of 180, that Congress is in session. Specifies that the residence of a Congressman in the district which he represents shall be considered his home for purposes of the income tax deduction.