(a) Exception to denial of deduction for business meals.—Section 274(o), as added by section 13304 of Public Law 115–97, is amended by striking “No deduction” and inserting “Except in the case of an expense described in subsection (e)(8) or (n)(2)(C), no deduction”.
(b) Meals provided on certain fishing boats and at certain fish processing facilities not subject to 50 percent limitation.—Section 274(n)(2)(C) of the Internal Revenue Code of 1986 is amended by striking “or” at the end of clause (iii) and by adding at the end the following new clause:
“(v) provided—
“(I) on a fishing vessel, fish processing vessel, or fish tender vessel (as such terms are defined in section 2101 of title 46, United States Code), or
“(II) at a facility for the processing of fish for commercial use or consumption which—
“(aa) is located in the United States north of 50 degrees north latitude, and
“(bb) is not located in a metropolitan statistical area (within the meaning of section 143(k)(2)(B)), or”.
(c) Effective date.—The amendments made by this section shall apply to amounts paid or incurred after December 31, 2025.