A bill to amend Section 132 of the Internal Revenue Code of 1954 to provide that de minimis fringe benefits furnished by an employer to an employee may include a share in the cost of meals furnished off the business premises of the employer.

Amends the Internal Revenue Code to provide that if an employer does not operate an on-premises eating facility, 50 percent of the employer's share of an off-premises meal furnished to an employee shall be treated as a de minimis fringe benefit (not includible in the employee's income) provided that: (1) the employer pays no more than one-third of the cost of the meal; (2) a maximum of one meal per working day is provided; (3) the meal is furnished during normal business hours; and (4) the employer's share is furnished in kind and not in cash.