To amend the Internal Revenue Code of 1986 to restore the 80-percent deduction for meal and entertainment expenses.

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Bill Number

HR 2094

Introduced

May 14, 2003

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Agriculture and Food Commerce Costs Expense accounts Income tax Recreation Sports and Recreation Tax deductions Taxation

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Votes

Summary

Amends the Internal Revenue Code to increase the deduction for meal and entertainment expenses to 80 percent (currently 50 percent) of the otherwise allowable amount.

Actions

May 14, 2003

Referred to the House Committee on Ways and Means.
May 14, 2003

Introduced in House

Amendments

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