Remote Seafood Employee Meals Tax Parity Act

Bill: 116-hr-4829
Sponsor: full_name: Rep. DelBene, Suzan K. [D-WA-1]
Introduced: 2019-10-23
Policy area: Taxation
Subjects: Food supply, safety, and labeling

Income tax deductions

Marine and coastal resources, fisheries

Marine and inland water transportation
Latest action: action_date: 2019-10-23
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-10-23
action_desc: Introduced in House
text: <p><strong>Remote Seafood Employee Meals Tax Parity Act</strong></p> <p>This bill amends the Internal Revenue Code to provide that the 50% limitation on the tax deduction for business meals shall not apply to meals provided on certain fishing vessels or at certain fish processing facilities. </p>

tv_txt: I 116th CONGRESS 1st Session H. R. 4829 IN THE HOUSE OF REPRESENTATIVES October 23, 2019 Ms. DelBene (for herself and Mr. Young ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to provide that the 50 percent limitation on the deduction for meal expenses does not apply to meals provided on certain fishing boats or at certain fish processing facilities.

1. Short title This Act may be cited as the Remote Seafood Employee Meals Tax Parity Act . 2. Meals provided on certain fishing boats and at certain fish processing facilities not subject to 50 percent limitation (a) In general Section 274(n)(2)(C) of the Internal Revenue Code of 1986 is amended by striking or at the end of clause (iii), by striking the period at the end of clause (iv) and inserting , or , and by adding at the end the following new clause: (v) provided— (I) on a fishing vessel, fish processing vessel, or fish tender vessel (as such terms are defined in section 2101 of title 46, United States Code), or (II) at a fish processing facility which is located in the United States north of 50 degrees north latitude and which is not located in a metropolitan statistical area (within the meaning of section 143(k)(2)(B)). . (b) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2017.