A bill to amend the Internal Revenue Code of 1954 with respect to the deduction for business gifts awarded to employees by reason of length of service or for safety achievement.

Summary

Amends the Internal Revenue Code to increase from $100 to $250 the business deduction for service awards given to employees.

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

Timeline

1. 1 April 1980

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 1 April 1980

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 1 April 1980

  Open at official source

Sponsors

• Sen. Long, Russell B. [D-LA] · D · Sponsor
• Sen. Moynihan, Daniel Patrick [D-NY] · D · Cosponsor
• Sen. Chafee, John H. [R-RI] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 with respect to the deduction for business gifts awarded to employees by reason of length of service or for safety achievement.