H.R. 3333 — To amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.

Summary

Amends the Internal Revenue Code to increase the income tax deduction for business meals and entertainment expenses from 50 to 75% of such expenses in calendar year 2009 and 80% in 2010 and thereafter.

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Related Legislation

S. 2905A bill to amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
2009-12-17Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13389-13390)
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Legislative Actions

2009-07-24
Introduced in House
2009-07-24
Introduced in House
2009-07-24
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.

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