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H.R. 1545House116th Congress (2019-2021)In Committee

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.

Sponsored by Mark WalkerRep. Mark Walker (R-NC)
Introduced March 5, 2019

AI-Generated Summary

Updated April 14, 2026 at 2:34 AM UTC

The bill changes the tax code so that certain fringe‑benefit expenses no longer have to be counted as unrelated business taxable income. It removes paragraph (7) of Section 512(a) of the Internal Revenue Code, which currently requires those expenses to be included. The change affects organizations that report unrelated business income, such as nonprofits, by potentially lowering their taxable income.

Key Provisions

  • Delete paragraph (7) of Section 512(a) of the Internal Revenue Code, eliminating the inclusion of specified fringe‑benefit expenses in unrelated business taxable income.
  • Set the amendment’s effective date to coincide with the changes made by Public Law 115‑97 (the Tax Cuts and Jobs Act).

Legislative Activity

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1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

March 5, 2019

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HouseIntro Referral

Introduced in House

March 5, 2019

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

March 5, 2019

Bill Text

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Introduced in HouseIssued March 5, 2019

I

116th CONGRESS

1st Session

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

A BILL

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.

1.

Repeal of inclusion of certain fringe benefit expenses in unrelated business taxable income

(a)

In general

Section 512(a) of the Internal Revenue Code of 1986 is amended by striking paragraph (7).

(b)

Effective date

The amendment made by this section shall take effect as if included in the amendments made by section 13703 of Public Law 115–97.