H. R. 1545
IN THE HOUSE OF REPRESENTATIVES
March 5, 2019
Mr. Walker (for himself, Mr. Duncan, Mr. Hice of Georgia, Mr. Gaetz, Mr. Lamborn, Mr. Suozzi, and Mr. Budd) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to repeal the inclusion of certain fringe benefit expenses for which a deduction is disallowed in unrelated business taxable income.
Repeal of inclusion of certain fringe benefit expenses in unrelated business taxable income
Section 512(a) of the Internal Revenue Code of 1986 is amended by striking paragraph (7).
The amendment made by this section shall take effect as if included in the amendments made by section 13703 of Public Law 115–97.