US HB468 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 26 2011 - 25% progression, died in committee
Action: 2011-01-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 26 2011 - 25% progression, died in committee
Action: 2011-01-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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 2011 and 80% in 2012 and thereafter.
Title
To amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
Sponsors
| Rep. Shelley Berkley [D-NV] | Rep. Colleen Hanabusa [D-HI] | Rep. Mike Kelly [R-PA] | Rep. Donald Manzullo [R-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-26 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB907 (Related) 2011-05-05 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2743-2744)
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/468/all-info |
| Text | https://www.congress.gov/112/bills/hr468/BILLS-112hr468ih.pdf |
