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H.R. 2648

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
About This Bill
Committee
Latest Action · June 11, 2007
Referred to the House Committee on Ways and Means.
Congress
110th (2007–2009)
Introduced
June 11, 2007
Cosponsors (1)
1D 0R
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Summary

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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 2007 and 80% in 2008 and thereafter.

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