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S. 2905

BillFederalSenateIn Committee
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.
About This Bill
Committee
Latest Action · December 17, 2009
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13389-13390)
Congress
111th (2009–2011)
Introduced
December 17, 2009
Cosponsors (3)
0D 3R
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Summary

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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.

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