A bill to amend the Internal Revenue Code of 1954 to disallow the business expense tax deduction for first class air and rail travel in excess of the coach fare for such travel and for other expenses.

Summary

Disallows, under the Internal Revenue Code, any business expense tax deduction for any expense incurred for the transportation of any person by commercial airplane or railroad train in excess of the coach class fare ticket as determined by the Civil Aeronautics Board and the Interstate Commerce Commission, respectively.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 25 July 1975

   Introduced

   Introduced in House

   Source: IntroReferral

2. 25 July 1975

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 25 July 1975

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 25 July 1975

  Open at official source

Sponsors

• Rep. Koch, Edward I. [D-NY-18] · D · Sponsor
• · hswm00 · Standing

Related records

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