S 2505 · 96th Congress · Taxation

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.

Introduced 1980-04-01· Sponsored by Sen. Long, Russell B. [D-LA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1980-04-01)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase from $100 to $250 the business deduction for service awards given to employees.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Republican