A bill to amend the Internal Revenue Code of 1954 to repeal the contemporaneous recordkeeping requirements enacted by the Tax Reform Act of 1984 and to exclude the use of government-owned vehicles from the fringe benefit rules enacted by such Act.

[AI summary unavailable — showing source text] Repeals the requirement added by the Tax Reform Act of 1984 relating to the maintenance of contemporaneous records with respect to: (1) business travel expenses, including automobile expenses; (2) business entertainment expenses; and (3) expenses for gifts. Amends the Internal Revenue Code to provide that no amount shall be included in gross income as a benefit by reason of the use of Government-owned vehicles.…