A bill to amend the Internal Revenue Code of 1954 to exempt from rules relating to foreign conventions all conventions, etc., held on cruise ships when cruises on such ships originate and terminate in United States ports.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to disallow the deduction of expenses incurred in attending a convention, seminar, or other meeting held on a cruise ship unless the point of origin and termination is located in the United States, its possessions or its territories.…