S. 2905 — A bill 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 from 50 to 80% the percentage of meals and entertainment expenses that may be claimed as a business tax deduction.

Full Text

Related Legislation

H.R. 3333To amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
2009-07-24Referred to the House Committee on Ways and Means.
Related

Legislative Actions

2009-12-17
Introduced in Senate
2009-12-17
Sponsor introductory remarks on measure. (CR S13389)
2009-12-17
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13389-13390)

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

Sponsors

Subjects

Summary

Full Text

Related Legislation

Legislative Actions

Ask about this bill