A bill to repeal the contemporaneous recordkeeping requirement and certain other recently enacted provisions of the Internal Revenue Code of 1954.
Onerous Recordkeeping Correction and Taxpayer Relief Act of 1985 - Repeals the requirements added by the Tax Reform Act of 1984 relating to the maintenance of contemporaneous records with respect to: (1) business travel expenses, including automobile expenses; (2) business entertainment expenses; and (3) expenses for gifts.
Became Public Law No: 99-44.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Hearings Held by Committee on Ways and Means Prior to Introduction (Mar 5, 85).
See H.R.1869.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line