HR 4599
97th Congress
House
Taxation
Business and commerce
Business income tax
Child health
Children and youth
Department of the Treasury
Education
Food and Food Industry
Food relief
Government trust funds
Income tax
Public Welfare and Charities
School lunch program
Tax deductions
Tax expenditures
A bill to amend the Internal Revenue Code of 1954 to reduce the deduction for business meals and to earmark the savings from such reduction for the school lunch programs.
Introduced: September 25, 1981
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 2, 1981
Referred to Subcommittee on Elementary, Secondary and Vocational Education.
Sep 25, 1981
Referred to House Committee on Ways and Means.
Sep 25, 1981
Referred to House Committee on Education and Labor.
Sep 25, 1981
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to reduce the income tax deduction for business meals by 30 percent.
Establishes a "National School Lunch Trust Fund" in the Treasury of the United States. Funds the trust with the amount saved by reducing the business meal deduction.
Sets forth methods for managing and investing the fund.
Finances programs established under the National School Lunch Act and the Child Nutrition Act of 1966 with funds appropriated from the National School Lunch Trust Fund.
What's happening now
Referred to Subcommittee on Elementary, Secondary and Vocational Education.
Committees of jurisdiction
3
Cosponsors
1