S.907 - 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.

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  • Official: 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. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
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05/04/11
 
 
 
 
 
 
 

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Official Summary

5/5/2011--Introduced.Amends the Internal Revenue Code to increase the income tax deduction for business meals and entertainment expenses from 50% to 80% of such expenses after 2011.




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