To amend section 132 of the Internal Revenue Code of 1986 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.

Summary

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

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2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 14 March 1989

  Open at official source

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